Monday, August 20, 2018

Indices closed UP .06% to .35%....NICE !!!!

Indices closed UP.

S&P 500 @ 2857.05, high 2859.76, low 2850.62

RSI @ 60.37

CMF @ 0.051

Internals were :

UP volume led by 2.24 to 1 in NYSE & 1.96 to 1 in Nasdaq

Advancing stocks led by 2.36 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new 52 wk highs were leading by 184 in NYSE & 76 in Nasdaq

VIX Down 1.19% @ 12.49

Oil @ $66.43

Gold @ $1194.60

Stocks which were UP 1% or more included
AMD BZUN HUYA IQ NVDA SQ
YY MOMO BILI WB OLED NTES 
FSLR MU HAL GS CTRP JD BABA
FFIV LEN LULU NFLX ROKU SINA
CHK TK RIG WYNN ULTA KORS NKE
KBH CMG AAL X M .......

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was positive from open until close, Indices closed near high of the day. Internals were positive. Chinese small caps were rebounding nicely from deep slump. FB, AMZN and INTC missed this rally. It will be nice IF Nasdaq builds strength from here.

BLOG does NOT give buy or sell.

Saleem

5 comments:

explorer said...

Hi Saleem,

Got KSS SEP 21 75 puts for 2.70

Thanks,
Explorer

explorer said...

Also got NKE calls after the upgrade today

Stocks100 said...


Hi Explorer,

Good luck with KSS puts & NKE calls.

Saleem

explorer said...

Hi Saleem,

Closed KSS puts for small profit & got calls. Their Earnings are great. However I am looking for short time trade.

Thanks,
Explorer

Stocks100 said...


Hi Explorer,

Good luck with KSS calls.

Saleem