Monday, October 1, 2018

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2924.59, high 2937.06, low 2917.91

RSI @ 62.53

CMF @ -0.066

Internals were :

UP volume led by 1.25 to 1 in NYSE & .76 to 1 in Nasdaq

Advancing stocks led by .75 to 1 in NYSE & 53 to 1 in Nasdaq

Net new 52 wk lows were leading by 64 in NYSE & highs by 24

VIX Down .99% @ 12.00

Oil @ $75.30

Gold @ $1191.70

Stocks which were UP 1% or more included AMD 
GE HYYDF ACBFF TLRY PRNB NVDA BILI
FSLR NFLX OLED TSLA ROKU CHK RIG
TK LNG MGA OSTK SU MSFT TSM IBM

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was euphoric @ open in celebration of US & Canada trade agreement as they were the biggest trading partner which got lost in the noise of tweets. Nasdaq gave up all gains in later part of the day, internals were extremely negative, CMF became negative also. We may try to turn positive by Tuesday close as it may restore traders confidence.

BLOG does NOT give buy or sell.

Saleem 

4 comments:

explorer said...

Hi Saleem & Stocktrader,

FB dipped below 160 so got some NOv 175 calls. It held 160 support few times. Let’s see

Ex

Stocks100 said...


Hi Explorer,

Good luck with FB calls...

Saleem

Stocks100 said...


Hi Stocktrader & Explorer,

Sold BZUn $44.95

Saleem

stocktrader_1996 said...

Hi Explorer,

Good luck with FB calls.

Hi Saleem,

Good luck with BZUN proceeds.

Stocktrader