Tuesday, August 14, 2018

Indices closed UP .45% to .64%....NICE !!!!

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:

stocktrader_1996 said...

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

Stocks100 said...


Hi Stocktrader,

Good luck with AVLR...

Drive safely...eyes on the road not on ticker....

Saleem

stocktrader_1996 said...

Wife does most/all of the driving since the eye problems/surgeries, but even before that I never drove fast enough for her haha :)

Stocks100 said...


Hi Stocktrader,

Nice to know that you are not driving and giving your eyes rest.....

Enjoy your holidays!

Saleem