Indices closed UP.
S&P 500 @ 2896.74, high 2898.25, low 2884.69
RSI @ 68.58
CMF @ 0.115
Internals were :
UP volume led by 3.10 to 1 in NYSE & 4.36 to 1 in Nasdaq
Advancing stocks led by 1.80 to 1 in NYSE & 1.29 to 1 in Nasdaq
Net new 52 wk highs were leading by 226 in NYSE & 189 in Nasdaq
VIX UP 1.42% @ 12.16
Oil @ $68.87
Gold @ $1216.00
Stocks which were UP 2% or more included BZUN HUYA IQ
LRCX AMD YY MOMO BILI SOGO WB OLED EAF MU
CNQ SHOP GS MS CTRP JD BABA AMAT TECK LNG
TWTR MGA SINA......
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong as US & Mexico made a new trade deal, China & US are also in trade renegotiation, US & Canada are in a very lukewarm talk regarding trade dispute. S&P 500 and Nasdaq made a new all time high which is a very good thing. Expect this positive tone to continue based on momentum.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold NVTR @ 22.12 to take profits
These guys probably need more cash and now looks like an ideal time to raise those funds. It is a long road still until profitability.
Stocktrader
Hi Stocktrader,
Good luck with your next pick.
Saleem
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