Indices closed down.
S&P 500 @ 2750.79, low 2749.03, high 2775.99
RSI @ 27.71
CMF @ -0.254
Internals were :
UP volume led by 1.36 to 1 in NYSE & .93 to 1 in Nasdaq
Advancing stocks led by 1.38 to 1 in NYSE & 1.15 to 1 in Nasdaq
Net new 52 wk lows were leading by 249 in NYSE & 133 in Nasdaq
VIX Down -0.05% @ 21.30
Oil @ $71.78
Gold @ $1230.30
Stocks which were UP 1% or more included HEXO.TO
FSLR ACBFF CRON CGC TLRY BILI CIEN CSIQ
JKS OLED TWTR ROKU ALDR CHK TK FEYE
WB SPWR FNSR MGA OSTK ABX AEM
ULTA AAL CNX......
AH news... ADBE UP 5.88%, PS UP 4.71%
TWLO Down 3.47%, FNSR Down 4.69%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE followed a typical bearish pattern UP triple digits and closed @ low of the day, Internals were weak again. Any bounce is a good chance to sell IF there is profit. There is a positive development on Saudi news front, they are willing to confess killing Jamal Kashoggi in their consulate in Istanbul, this should eliminate one major source of world irritant.
BLOG does NOT give buy or sell.
Saleem
8 comments:
Hi Stocktrader,
Added 70% ESTC @ $$61.55....
Saleem
Hi Saleem,
Good luck with more ESTC.
I think/hope the selling in tech has mostly finished. At least we find ourselves with expectations low going into earnings now.
Stocktrader
Hi Stocktrader,
All the froth is out from tech and averages, now rebuilding starts......should sustain now...
Saleem
Hi Saleem,
Good luck with more ESTC & thank you for the good write up over the weekend.
Hi Stocktrader,
Good luck with massive moves yesterday. Good trade for you on KRYS
I sold NIO yesterday on the spike
Explorer
Hi explorer,
Thanks for your feedback on my Sunday analysis.
Saleem
Hi stocktrader & explorer,
Added 30% HEXO.TO @ $8.43
Saleem
Hi Saleem,
Good luck with more HEXO.TO.
Hi Explorer,
Thanks for the kind words and good luck with the NIO proceeds.
Stocktrader
Hi Saleem & Stocktrader,
Finally we are seeing some moment in market but will it retain till end of day is the question. If NFLX earnings are very impressive then we might see NASDAQ go higher from here
Explorer
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