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

9 comments:

explorer said...

Hi Saleem & Stocktrader,

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

Explorer

stocktrader_1996 said...

Hi Saleem,

Bought MDSO @ 81.45

Stocktrader

Stocks100 said...


Hi Explorer,

Good strategy with PAMW and AMZN...

Saleem

Stocks100 said...


Hi Stocktrader,

Good luck with MDSO.

Saleem

stocktrader_1996 said...

Hi Explorer,

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

Stocktrader

stocktrader_1996 said...

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

stocktrader_1996 said...

Hi Saleem,

Oh well, decided to add back APTX shares @ 27.22

Stocktrader

Stocks100 said...


Hi Stocktrader,

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

Saleem

stocktrader_1996 said...

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