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

13 comments:

Stocks100 said...


Hi Stocktrader & Explorer,

Sold SQ in pre market @ $97.50...

Saleem

stocktrader_1996 said...

Hi Saleem,

SQ is really amazing--great run!

Stocktrader

explorer said...

Hi Saleem,

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

Sold ADBE calls

Explorer

Stocks100 said...

Hi Stocktrader & Explorer,

Added 35% AMD @ $31.87

Saleem

Stocks100 said...

Hi Stocktrader & Explorer,

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

Saleem

stocktrader_1996 said...

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

explorer said...

Hi Saleem,

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

Explorer

stocktrader_1996 said...

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

Stocks100 said...

HYYDF is symbol of HEXO Corp on pink sheet OTC

Stocks100 said...

Good luck with more VICR

Stocks100 said...

Hi Stocktrader & Explorer,

Bought RHT @ $136.09

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with RHT.

Stocktrader

stocktrader_1996 said...

Hi Explorer,

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

Stocktrader