Indices closed UP.
S&P 500 @ 2596.84, high 2597.82, low 2562.02
RSI @ 53.57
CMF @ -0.070
Internals were :
UP volume led by 1.35 to 1 in NYSE & 1.53 to 1 in Nasdaq
Advancing stocks led by 1.61 to 1 in NYSE & 1.19 to 1 in Nasdaq
Net new 52 wk highs were leading by 15 in NYSE & 5 in Nasdaq
VIX Down 2.40% @ 19.50
Oil @ $52.59
Gold @ $1287.40
Stocks which were UP 1% or more included IQ NVDA
HUYA BIDU MU KORS VICR FSLR CGC AMAT
NFLX OLED PANW QRVO TSLA TWTR YY
ALDR MGA SWKS TSM CMG....
AH news...PVH UP 5.89%, ACOR UP 4.98%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE fought profit taking and closed @ high of the day, many stocks continue to make upward move to participate in improved sentiment and new year allocation. Fed Chief Powell continue to make supportive statement to bolster stocks. Looks like there is tremendous buying power left to boost this TAPE. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Bought SAIL @ 25.60
With OKTA screaming higher, SAIL is too cheap here. Identity governance remains a huge spend for companies right now.
Stocktrader
Hi Stocktrader,
Good day to buy...
Good luck with SAIL...
Saleem
Hi Saleem,
Trimmed some TNA @ 51.69 to raise cash.
Bought HRTX @ 26.23
I've been eyeing this one for a while given that it has extremely smooth sailing into its PDUFA date in late April. I think an analyst commentary/upgrade could really propel it higher from here.
Stocktrader
Hi Stocktrader,
Good luck with HRTX..
Always good to book profit...
Saleem
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