Indices closed UP.
S&P 500 @ 2705.62, high 2722.70, low 2667.84
RSI @ 34.64
CMF @ -0.208
Internals were :
UP volume led by 2.54 to 1 in NYSE & 2.65 to 1 in Nasdaq
Advancing stocks led by 2.57 to 1 in NYSE & 2.64 to 1 in Nasdaq
Net new 52 wk lows were leading by 288 in NYSE & 256 in Nasdaq
VIX Down 7.77% @ 23.27
Oil $67.07
Gold $1232.70
Stocks which were UP 3% or more included FB NVDA SQ VICR
RHT BZUN PRNB AMZN BABA BIDU GOOG MU NFLX
OLED PANW QRVO SHOP TSLA TWTR YY ALDR
RIG FEYE LNG WYNN LVS YELP MA OSTK MSFT
SWKS KBH V AAL X......
About market, TAPE had a deep oversold bounce, need another close near high of the day to confirm this move. Fed is keen on raising rates IF it is discounted in the market then we will be OK IF not same slump again. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
Hi guys,
ReplyDeleteDoubled up on my SPLK @ 88.89
After selling ESTC, I was a little short on big data exposure.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with more SPLK.
Saleem
Hi guys,
ReplyDeleteAdded to SAIL @ 23.36
Picking out the really beaten down to add.
Stocktrader
Hi guys,
ReplyDeleteAdded to PS @ 20.67
After great earnings and guidance, this was an easy add for me.
Stocktrader
Hi guys,
ReplyDeleteBought HUBS @ 123.33
Deployed all my cash today.
Stocktrader
Hi guys,
ReplyDeleteI think FSLR sets up interestingly here.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with HUBS and more of PS & SAIL...
Saleem