Indices closed UP.
S&P 500 @ 2610.30, high 2613.08, low 2585.10
RSI @ 55.05
CMF @ 0.102
Internals were :
UP volume led by 1.66 to 1 in NYSE & 2.59 to 1 in Nasdaq
Advancing stocks led by 1.83 to 1 in NYSE & 2.14 to 1 in Nasdaq
Net new 52 wk highs were leading by 8 in NYSE & 8 in Nasdaq
VIX Down 2.46% 18.60
Oil @ $51.97
Gold @ $1288.40
Stocks which were UP 1% or more included MOMO SQ
HUYA BIDU ESTC MTCH BZUN SHOP ROKU LULU
KORS AAPL SPLK FB AMZN CIEN GOOG NFLX
OLED PANW TSLA TWTR NTNX ALDR CHK
LVS OSTK SU MSFT NKE CMG.....
AH news...UAL UP 5.95%, JWN Down 3.3%
SNAP Down 6.86%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE finished near high of the day which is extremely positive, Brexit rejection had no impact as it was widely expected. Market has found its footing and is working its way above key technical levels, Nasdaq already closed above 50 DMA which is extremely bullish, S&P 500 and DOW are staring @ 50 DMA.
BLOG does NOT give buy or sell.
Saleem
10 comments:
Hi Saleem,
Sold TDOC @ 60.13 to take profits into resistance here
It's always a risk to sell something in such a strong up move, but I really don't like the valuation despite my trade in it recently.
Stocktrader
Hi Stocktrader,
It is a traders market,rotation rotation & rotation....
Good move $$$$$
Saleem
Hi Stocktrader,
Bought AMD @ $20.46
Saleem
Hi Saleem,
Good luck with AMD!
Stocktrader
Hi Saleem,
Bought MHO @ 25.17
I can't help but gravitate back to the homebuilders with interest rates much lower than last summer and costs much more contained. The amount of homes built in recent years still seriously undershoots the amount necessary to accommodate household formation.
Stocktrader
Hi Stocktrader,
Good luck with MHO...
Saleem
Hi Stocktrader,
Sold FEYE @ $16.30
Saleem
Hi Saleem,
Good luck with new picks!
Stocktrader
Hi Saleem,
Added to MHO @ 24.96
Added to SAIL @ 25.75
I wanted to use my small amount of cash remaining.
Stocktrader
Hi Stocktrader,
Good luck with more MHO & SAIL....
Saleem
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