Monday, September 10, 2018

Indices closed mixed....

Indices closed mixed.

 S&P 500 @ 2877.13, high 2886.93, low 2875.94

 RSI 55.49

 CMF @ 0.076

 Internals were :

 UP volume led by 1.16 to 1 in NYSE & 1.57 to 1 in Nasdaq

 Advancing stocks led by 1.60 to 1 in NYSE & 1.11 to 1 in Nasdaq

 Net new 52 wk low were leading by 12 in Nasdaq & highs by 38 in Nasdaq

 VIX Down 4.84% @ 14.16

 Oil @ $67.54

 Gold @ $1199.90

 Stocks which were UP 1% or more included AMD NVDA CIEN
LULU OLED PANW SHOP ROKU CHK WYNN MGA ORCL
MSFT KORS NKE CMG AAL M......

 AH news .....VECO UP 9.47%

 AH Futures UP

 AH Asian Markets Mixed

 AH Oil & Gold UP

 About market, TAPE tried to show strength @ open but DOW gave up all the gain and drifted into negative. S&P 500 and Nasdaq closed into green. Chinese trade uncertainty continues to affect Chinese stocks deeper into new 52 wk lows. Tuesday may turn out to be positive for all indices.

 BLOG does NOT give buy or sell.

 Saleem
at

9 comments:

  1. explorerSeptember 11, 2018 at 6:52 AM

    Hi Saleem & Stocktrader,

    Sold PANW calls for a profit & bought AMZN OCT 2100 calls this morning

    Explorer

    ReplyDelete
  2. stocktrader_1996September 11, 2018 at 6:59 AM

    Hi Saleem,

    Bought MDSO @ 81.45

    Stocktrader

    ReplyDelete
  3. Stocks100September 11, 2018 at 7:05 AM


    Hi Explorer,

    Good strategy with PAMW and AMZN...

    Saleem

    ReplyDelete
  4. Stocks100September 11, 2018 at 7:05 AM


    Hi Stocktrader,

    Good luck with MDSO.

    Saleem

    ReplyDelete
  5. stocktrader_1996September 11, 2018 at 7:08 AM

    Hi Explorer,

    Nicely done with the PANW calls. Good luck with the AMZN ones!

    Stocktrader

    ReplyDelete
  6. stocktrader_1996September 11, 2018 at 7:38 AM

    Hi Saleem,

    I was able to get rid of some of my APTX @ 31.05 (taking profits), but couldn't get the rest filled. With the price down another 3-5% from there, I'm not sure how to handle it, but I'll be watching the rest of the day.

    Stocktrader

    ReplyDelete
  7. stocktrader_1996September 11, 2018 at 7:57 AM

    Hi Saleem,

    Oh well, decided to add back APTX shares @ 27.22

    Stocktrader

    ReplyDelete
  8. Stocks100September 11, 2018 at 8:42 AM


    Hi Stocktrader,

    Not a bad strategy to add near low, good luck with APTX.

    Saleem

    ReplyDelete
  9. stocktrader_1996September 11, 2018 at 10:06 AM

    Hi Saleem,

    Cut PANW in half @ 235.30

    Taking profits after the quarter and because of some small worries about their positioning in the evolving cybersecurity market.

    Bought MTCH @ 54.63

    Continued business momentum and new products make this interesting even here. The chart is breaking out and the short interest is massive (52.1% of float as of last reported)

    Stocktrader

    ReplyDelete