Indices closed down again on rising 10 year yield which jumped to 3.233 @ close.Internals were weak again.
S&P 500 @ 2885.57, low 2869.29, high 2909.64
RSI @ 44.53
CMF @ -0.146
Internals were :
Down volume led by 1.66 to 1 in NYSE & 3.02 to 1 in Nasdaq
Declining stocks led by 2.19 to 1 in NYSE & 2.15 to 1 in Nasdaq
Net new 52 wk lows were leading by 472 in NYSE & 173 in Nasdaq
VIX UP 4.22% @ 14.82
Oil @ $74.34
Gold @ $1205.60
Canadian $ @ .7047
Stocks which closed green included ESTC HEXO.TO
KORS GE ACBFF TLRY HUYA PRNB IQ MOMO
TWTR ROKU FEYE MCD AEM CMG.....
In my portfolio :
Sold FSLR @ $46.63
Sold VICR @ $40.60
Bought ESTC @ $69.80
Here is my portfolio weighting :
FB 41.74%
AMD 36.28%
ESTC 13.00%
HEXO.TO 8.98%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Good luck with ESTC.
Hi Stocktrader,
Good luck with PRNB.
I got some calls of APPN, LULU, MTCH, TDOC today. Orders that haven’t filled were SPLK, BEAT, SAIL & some more of AMD. I had to take loss in AMZN to swap with them.
I hope the selling is done today & next week should start higher with earnings kickin.
Have a great weekend to you all.
Explorer
Hi Explorer,
Good luck with your new calls setup.
Have a nice weekend!
Saleem
Hi Explorer,
Good luck with all the calls!
I think today's job number was pretty market friendly but there was residual selling that needed to happen in treasuries and stocks. By the end of the day we saw both those rally some. I'm optimistic that next week we will turn to earnings which should benefit some of the growth stocks again.
Stocktrader
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