Monday, December 3, 2018

Indices closed UP 1.09% to 1.51%....NICE !!!!

Indices closed UP.

 S&P 500 @ 2790.37, high 2800.18, low 2773.38

 RSI @ 58.35

 CMF @ 0.192

 Internals were :

 UP volume led by 3.58 to 1 in NYSE & 3.48 to 1 in Nasdaq

 Advancing stocks led by 3.05 to 1 in NYSE & 1.88 to 1 in Nasdaq

 Net new 52 wk lows were leading by 71 in NYSE & 17 in Nasdaq

 VIX Down 9.02% @ 16.44

 Oil @ $52.95

 Gold @ $1239.60

 Stocks which were UP 3% or more included NVDA ROKU SQ AMD MU BZUN MOMO LULU AAPL ESTC VICR FSLR PANB AMZN CRUS CTRP OLED PANW WB ALDR CHK RIG LNG YELP TWTR WYNN LVS MLNX MA SINA TSM NKE X......

 AH news....CRUS Down 6.65%, RH UP 19.49%

 AH Futures Down

 AH Asian Markets Mixed

 AH Oil UP

 AH Gold Down

 About market, TAPE closed near the upper end of trading range, there is lot of optimism from White House staff about quick agreement with China. S&P 500 and DOW are both above 50 & 200 DMA but Nasdaq is below 50 & 200 DMA @ close. Most strong stocks participated in today's rally which bodes well for this short week.

 BLOG does NOT give buy or sell.

 Saleem
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8 comments:

  1. Stocks100December 4, 2018 at 6:19 AM


    Hi Stocktrader,

    Sold MTCH @ $39.59

    Bought AMD @ $23.45

    Saleem

    ReplyDelete
  2. stocktrader_1996December 4, 2018 at 6:48 AM

    Hi Saleem,

    Bought APPN @ 30.48

    The chart tells that something good is happening here. I was always a fan, so I'll try it.

    Bought TTWO @ 104.80

    I thought the selloff yesterday was overdone and will try for a bounce here.

    Stocktrader

    ReplyDelete
  3. stocktrader_1996December 4, 2018 at 6:48 AM

    Hi Saleem,

    Good luck with the swap.

    Stocktrader

    ReplyDelete
  4. Stocks100December 4, 2018 at 7:03 AM

    Hi Stocktrader,

    Sold PHM @ $25.65

    Saleem

    ReplyDelete
  5. Stocks100December 4, 2018 at 7:04 AM

    Hi Stocktrader,

    Good luck with APPN & TTWO

    Saleem

    ReplyDelete
  6. stocktrader_1996December 4, 2018 at 8:03 AM

    Hi Saleem,

    Good luck with your next pick after selling PHM.

    Stocktrader

    ReplyDelete
  7. Stocks100December 4, 2018 at 8:28 AM

    Hi Stocktrader,

    Sold AAL @ $37.86

    Added 100% AMD @ $22.65.

    Saleem

    ReplyDelete
  8. stocktrader_1996December 4, 2018 at 8:40 AM

    Hi Saleem,

    Good luck with more swaps. Pretty ugly morning so far.

    Stocktrader

    ReplyDelete