Indices closed UP.
S&P 500 @ 2816.29, high, 2824.46, low 2808.06
RSI @ 57.57
CMF @ 0.167
Internals were :
UP volume led by 1.74 to 1 in NYSE & 1.68 to 1 in Nasdaq
Advancing stocks led by 2.15 to 1 in NYSE & 1.82 to 1 in Nasdaq
Net new 52 wk high were leading by 30 in NYSE and lows by 21 in Nasdaq
Oil @ $68.76
Gold @ $1233.60
Stocks which were UP 1% or more included IQ
CRUS LRCX MOMO BILI FSLR EAF JD
VICR BABA CSIQ DNKN AMAT FCX
JKS LVS QRVO ROKU SPWR TECK
TSLA TWTR ALDR CHK WYNN
MGA NKE KBH AAL PANW
CNX .....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
AH BIDU & IQ reported better than expected results :
They both beat on Sales and EPS
Both guiding Sales better than expected
Both stocks UP in AH
AH news...BIDU UP 1.67%, AAPL UP 4.03%
IQ UP 6.46%, SYNA Down 13.59%
About market, TAPE had an oversold bounce. Technology was UP on bargain hunting as many stocks found support yesterday @ low point. AAPL had good earnings AH which will help technology confirm a new uptrend. China US are talking about resolving trade issues which helped sentiments today.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Sold IQ @ 33.02
The stock makes me uneasy, and the path to earnings remains clouded, so I'll step to the sidelines.
Stocktrader
Hi Stocktrader,
Good luck with next pick.
Saleem
Hi Saleem,
Bought TENB @ 29.97
I wanted some more software exposure given what I feel is a bottom, so I figured this recent IPO with nice growth and insider buys at the IPO seemed like a good idea.
Stocktrader
Hi Stocktrader,
Good luck with TENB....
Saleem
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