Wednesday, September 19, 2018

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2907.95, high 2912.36, low 2903.82

RSI @ 62.28

CMF @ 0.157

Internals were :

UP volume led by 1.79 to 1 in NYSE & 1.18 to 1 in Nasdaq

Advancing stocks led by .85 to 1 in NYSE & .85 to 1 in Nasdaq

Net new 52 wk low were leading by 16 in NYSE & highs by 15 in Nasdaq

VIX Down 8.13% @ 11.75

Oil @ $71.12

Gold @ $1208.30

Stocks which were UP 1% or more included BZUN FB HUYA
TLRY IQ BABA BIDU CTRP EAF EXPE JKS QRVO SHOP
TSLA TWTR WB YY CHK RIG FEYE LNG SPWR WYNN
GS MGA MS SINA ABX AEM GG ULTA SWKS TSM
AAL CNX......

AH news....RHT Down 4.51%, AEM Down 7.37%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was positive for the most part and Nasdaq was barely down @ close, Dow & S&P 500 were the star performers and are near all time high, Wednesday positive action may bring new all time highs. Pot stocks were off the chart but turned lower by 6% in Toronto after being UP almost 12%, it is wildly overbought for now.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Bought APPN @ 35.58

With cloud stocks totally shrugging off the RHT problem, I think they are poised to move higher again.

I should have picked some of these up when they were really trading at discount levels yesterday midday, but I wanted to wait for further developments and now they are much more expensive. Oh well, we move forward...

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought CHGG @ 31.29

These guys continue to make major strides in providing online resources for higher education. I think it will become an ever more important part of the learning experience.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought SPLK @ 115.56

Adding back my exposure. I considered both TENB and SAIL for this last cash position, but they had already run too much today.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with APPN, CHGG & SPLK....

Saleem