Thursday, August 9, 2018

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2853.58, low 2851.98, high 2862.48

RSI @ 64.68

CMF @ 0.093

Internals were :

Down volume led by 1.30 to 1 in NYSE & 1.04 to 1 in Nasdaq

Declining stocks led by 1.04 to 1 in NYSE & .91 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 47 in Nasdaq

VIX UP 3.87% @ 11.27

Oil @ $66.81

Gold @ $1219.90

In my portfolio :

Sold FB @ $183.75 in AH

Bought AMD @ $19.00 in AH

Stocks which were UP 1% or more included MOMO VICR SHOP
SPLK JKS ROKU NTNX TK LNG YELP FNSR OSTK KORS...

AH news....OSTK UP 17.75%, AVLR DOWN 11.86%
    
                   XONE DOWN 18.85%

AH Futures Down

AH Asian markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was marking time to deal with overbought conditions, Nasdaq managed to gain for 8 consecutive days. Earning coming in mixed some good some not so good. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Nice timing on the swap--AMD upgrade by Goldman Sachs today!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold APPN @ 37.14 to take profits

Wow, what a run after a disappointing day after earnings. I'll look to re-enter.

Stocktrader

Stocks100 said...

Hi Stocktrader ,

Nice profit on APPN.

Good luck with new pick!

Saleem