Indices closed UP.
S&P 500 @ 2862.96, high 2873.23, low 2861.32
RSI @ 61.75
CMF @ 0.019
Internals were :
UP volume led by 1.56 to 1 in NYSE & 3.20 to 1 in Nasdaq
Advancing stocks led by 1.89 to 1 in NYSE & 2.32 to 1 in Nasdaq
Net new 52 wk highs were leading by 226 in NYSE & 165 in Nasdaq
VIX UP 2.96% @ 12.86
Oil @ $67.35
Gold @ $1200.00
Stocks which were UP 2% or more AMD BZUN IQ NVDA NXPI
CRUS MOMO BILI SOGO CIEN OLED MU INTC LEN MRVL
NFLX QRVO ROKU TSLA TWTR CHK FNSR OSTK KBH..
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was UP from open to close, Nasdaq performed the best, S&P 500 made a new all time high. S&P 500 was UP 4 days in a row and is the strongest index.AH there is 2 conviction which is very close to current administration thus futures are sharply lower, hopefully by open we should have a normal day by close, meaning green close.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Sold MOMO @ 43.24 to take profits
Although their dating app is in early stages, they guided for lower margins in the back half of the year, and I worry about when other live streaming peaks out from competition and monetization.
Stocktrader
Hi Saleem,
Bought EAF @ 18.01
I'm going to try this one again after it has fallen more. It took a while to digest the secondary, but I think the chart is turning higher again. The estimated EPS for next year is currently $3.40, and I think even that could be low.
Stocktrader
Hi Saleem,
Also, I'm back now after cutting the vacation short due to the wildfires that was impacting our lodging, activities, and views. We'll have to try again another time!
Stocktrader
Hi Saleem,
Bought LQDA @ 16.45
I like how this company is positioned with a drug in Phase III and a PRINT technology to make molecules. Analysts initiated this recent IPO with great recommendations.
Stocktrader
Hi Stocktrader,
Welcome back.....too bad condition were not ideal for your vacation.
Good luck with EAF & LQDA....
Saleem
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