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:
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
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
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