Indices closed mixed.
S&P 500 @ 2704.10, high 2708.95, low 2678.65
RSI @ 63.65
CMF @ 0.361
Internals were :
UP volume led by 1.80 to 1 in NYSE & 1.63 to 1 in Nasdaq
Advancing stocks led by 2.40 to 1 in NYSE & 1.80 to 1 in Nasdaq
Net new 52 wk highs were leading by 50 in NYSE & 49 in Nasdaq
VIX Down 6.17% @ 16.57
Oil @ $53.79
Gold @ $1325.20
Stocks which were UP 4% or more included FB TWTR BZUN
HUYA NVDA AMD CRON JKS MLNX SINA KBH....
In my portfolio :
Sold FB in AH @ $166.82
Sold ESTC @ $84.94
Sold BZUN @ $35.85
Portfolio SQ TSLA TWTR
AH news...AMZN Down 4.87%, CLS Down 9.06%
LLNW UP 4.81%, SYMC UP 7.42%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE closed mixed but Nasdaq was strong due to FB excellent numbers, AH AMZN gave poor guidance and may affect Nasdaq in Friday's trading. Chinese PMI came in lower @ 48.3% vs expected of 49.5%, this is consecutive contraction in Chinese economy. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
With the Fed and jobs number out of the way, I feel like February is clear sailing now.
Stocktrader
Hi Stocktrader,
How we close today will tell us more...
Saleem
Hi Saleem,
Sold MHO @ 26.46 to take profits
Bought some NIU @ 7.98
I keep coming back to this name, especially as we see a huge round of funding for an electric scooter company in recent days.
Bought some EMN @ 81.54
I like the valuation and the story here. They did not do as poorly as some of their peers.
Stocktrader
Hi Saleem,
Sold some LQDA @ 14.01 and added to EMN @ 81.39
I probably should have just added to TNA because that might end up being the better/easier play than single stock risk.
Stocktrader
Hi stocktrader,
Good luck with NIU & EMN...
Saleem
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