Tuesday, August 21, 2018

Indices UP .44% to .85%.....NICE!!!!

Indices are higher from open and is @ high of the day. S&P 500 is @ new all time high, good indicator of future technical strength, Nasdaq is the strongest index today.

S&P 500 @ 2871.68, high 2873.23, low 2851.51

Internals are positive by minimum 2 to 1 and maximum 4 to 1 in Nasdaq advancing stocks.

Oil UP 50 cents

Gold UP $5.50

Canadian $ UP 21 tick @ .6976

VIX Down 1.84% @ 12.26

Portfolio AMD BZUN HUYA IQ NVDA NXPI SQ

Most stocks are UP

@ 2.05 following are red ;

YY DQ NEW EAF VICR SHOP JD DNKN LULU
MA V MSFT SINA ALDR WYNN TRIP MGA
MCD ......

BLOG does NOT give buy or sell.

Saleem


2 comments:

psrajpal said...

Hi Salim,

Markets are hitting highs but I see an inclination of some correction coming soon. Specially the US-China talks may make it or break it.

I don't expect positives from the talk aas the US administration does not seem to have intent to bargain.

SOLD IQ @ 29.00

Holding limited to OPTN.

Thanks

Paramjeet

Stocks100 said...


Hi Paramjeet,

Market is a tricky place, it has fooled almost all the traders some of the time.

I do offer opinions in my BLOG but as a personal take not a definitive statement.

I am always ready for worst but hope for the best...even on China & USA trade talks....

Good luck with OPTN.

Saleem