Indices closed UP.
S&P 500 @ 2839.96, high 2843.11, low 2826.58
RSI @ 57.62
CMF @ 0.027
Internals were :
UP volume led by 2.97 to 1 in NYSE & 1.45 to 1 in Nasdaq
Advancing stocks led by 2.55 to 1 in NYSE & 1.74 to 1 in Nasdaq
Net new 52 wk lows were leading by 15 in NYSE & highs by 8 in Nasdaq
VIX Down 9.95% @ 13.31
Oil @ $67.04
Gold @ $1200.70
Stocks which were UP 2% or more included NVDA SQ
DNKN NTNX KORS M......
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was positive as Turkey was calm and its currency was stable.Internals were strong. Chinese stocks were under selling pressure across the board. Chinese stocks are getting deeply oversold on falling currency devaluation.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Bought AVLR @ 32.28
Although we are on the road, I couldn't pass this one up. I listened to the conference call and thought it was fine, and these guys definitely have a long runway ahead, especially as tax compliance increases.
Stocktrader
Hi Stocktrader,
Good luck with AVLR...
Drive safely...eyes on the road not on ticker....
Saleem
Wife does most/all of the driving since the eye problems/surgeries, but even before that I never drove fast enough for her haha :)
Hi Stocktrader,
Nice to know that you are not driving and giving your eyes rest.....
Enjoy your holidays!
Saleem
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