Indices closed mixed.
S&P 500 @ 2919.37, low 2912.63, high 2923.79
RSI @ 62.55
CMF @ 0.102
Internals were :
Down volume led by 2.45 to 1 in NYSE & .92 to 1 in Nasdaq
Declining stocks led by 2.06 to 1 in NYSE & 1.66 to 1 in Nasdaq
Net new 52 wk lows were leading by 65 in NYSE & 10 in Nasdaq
VIX UP 4.45% @ 12.20
Oil @ $72.08
Gold @ $1204.40
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE contained negative reaction to stalemate in trade talk between China & USA. NAFTA talks between Canada & USA has been shifted to sideline conversation in UN get together, who knows that may break stalemate. Nasdaq was the star performer today with FANG coming into vogue. Mixed action in pot stocks. It is all about anticipation of Fed decision on Wednesday @ 2 PM, TAPE may pause on Tuesday in anticipation.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem & Stocktrader,
SQ is on fire with upgrades. I had to sell the calls considering it’s expiry but booked profits. Should make a new high. I still have ADBE calls & planning to sell that as well
Explorer
Hi explorer,
Booking profit is always a good idea.
Good luck with ADBE sell.
Saleem
Hi Explorer,
Nice job with the calls again!
Stocktrader
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