Tuesday, September 25, 2018

Indices closed mixed.....

Indices closed mixed.

 S&P 500 @ 2915.56, low 2913.70, high 2923.95

 RSI @ 50.74

 CMF @ 0.035

 Internals were :

 UP volume led by .82 to 1 in NYSE & 1.17 to 1 in Nasdaq

 Advancing stocks led by .83 to 1 in NYSE & 1.00 to 1 in Nasdaq

 Net new 52 wk lows were leading by 55 in NYSE & 26 in Nasdaq

 VIX UP 1.8% @ 12.42

 Oil @ $72.27

 Gold @ $1205.10

 Stocks which were UP 1% or more included BZUN HUYA SQ
MTCH ACBFF KORS NVDA IQ AMZN BILI MOMO X
SPLK TWTR RIG FEYE YELP TRIP FNSR MCD
ABX AEM......

 AH news..... NKE Down 3.59%

 AH Futures UP

 AH Asian Markets Mixed

 AH Oil Down

 AH Gold UP

 About market, TAPE was neutral today in anticipation of Fed raising interest rates, Wednesday should see optimistic tone in market as Fed should be done with 2018 raising of interest rates, 2019 should be a much tamer like 2 more. Conference call should be upbeat for stock market. China , Canada trade talk with USA has come to a total standstill. Pot stocks were on firmer footing.

 BLOG does NOT give buy or sell.

 Saleem
at

13 comments:

  1. Stocks100September 26, 2018 at 5:49 AM


    Hi Stocktrader & Explorer,

    Sold SQ in pre market @ $97.50...

    Saleem

    ReplyDelete
  2. stocktrader_1996September 26, 2018 at 6:02 AM

    Hi Saleem,

    SQ is really amazing--great run!

    Stocktrader

    ReplyDelete
  3. explorerSeptember 26, 2018 at 6:35 AM

    Hi Saleem,

    Excellent trade for you. FB has shown great support @160. It should move higher.

    Sold ADBE calls

    Explorer

    ReplyDelete
  4. Stocks100September 26, 2018 at 6:42 AM

    Hi Stocktrader & Explorer,

    Added 35% AMD @ $31.87

    Saleem

    ReplyDelete
  5. Stocks100September 26, 2018 at 7:11 AM

    Hi Stocktrader & Explorer,

    Bought my first pot stock in Toronto HEXO.TO @ $8.17

    Saleem

    ReplyDelete
  6. stocktrader_1996September 26, 2018 at 7:49 AM

    Hi Saleem,

    Good luck with HEXO.TO. I believe there was a portfolio manager on last week on CNBC who talked positively about it given relative valuation to peers.

    Stocktrader

    ReplyDelete
  7. explorerSeptember 26, 2018 at 7:50 AM

    Hi Saleem,

    Good luck with HEXO. Is that traded on US markets?

    Explorer

    ReplyDelete
  8. stocktrader_1996September 26, 2018 at 7:56 AM

    Hi guys,

    Added to VICR @ 47.70

    It was my smallest position and I had a little cash left. I think the market is forgetting the story that VICR is in the very early innings of the ramp in revenues and margins from the global shift to 48V chips.

    Stocktrader

    ReplyDelete
  9. Stocks100September 26, 2018 at 8:40 AM

    Hi Stocktrader & Explorer,

    Bought RHT @ $136.09

    Saleem

    ReplyDelete
  10. stocktrader_1996September 26, 2018 at 8:41 AM

    Hi Saleem,

    Good luck with RHT.

    Stocktrader

    ReplyDelete
  11. stocktrader_1996September 26, 2018 at 9:56 AM

    Hi Explorer,

    Check out the BEAT options, maybe set up for breakout after consolidating.

    Stocktrader

    ReplyDelete