Thursday, January 17, 2019

Indices closed UP .67% to .76%....NICE !!!!

Indices closed UP.

 S&P 500 @ 2635.96, high 2645.06, low 2606.36

 RSI @ 58.12

 CMF @ 0.149

 Internals were :

 UP volume led by 2.73 to 1 in NYSE & 3.10 to 1 in Nasdaq

 Advancing stocks led by 2.46 to 1 in NYSE & 1.69 to 1 in Nasdaq

 Net new 52 wk highs were leading by 10 in NYSE & 2 in Nasdaq

 VIX Down 5.15% @ 18.06

 Oil @ $52.07

 Gold @ $1292.30

 Stocks which were UP 2% or more included AMD IQ MOMO SQ
HUYA ROKU LULU VICR FSLR AMAT LRCX NTNX ALDR 
WYNN X.....

 AH news...NFLX Down 3.82%, PRGS Down 11.23%

                    CASA Down 24.25%

 AH Futures UP

 AH Asian Markets UP

 AH Oil UP

 AH Gold Down

 About market, TAPE continued its bullish run resulting in DOW & S&P 500 closing above 50 DMA, now all major indices are above 50 DMA on a closing basis, while we will celebrate this landmark after major slump, S&P 500 will be hitting mini overbought condition along with Nasdaq when RSI goes above 60, so be careful from hereon. RUT is already above 60.63 as of tonight closing. There is only a closing BLOG on Friday's around 7 PM.

 BLOG does NOT give buy or sell.

 Saleem
at

18 comments:

  1. stocktrader_1996January 18, 2019 at 5:42 AM

    Hi Saleem,

    Two days in a row one of my companies was featured on Mad Money--that's pretty lucky! NEWR two days ago, APPN last night.

    Stocktrader

    ReplyDelete
  2. stocktrader_1996January 18, 2019 at 6:31 AM

    Hi Saleem,

    Sold NEWR @ 95.49 to take prorfits

    Stocktrader

    ReplyDelete
  3. Stocks100January 18, 2019 at 6:37 AM


    Hi Stocktrader,

    Sold NVDA $154.00

    Bought ESTC @ $73.80

    Saleem

    ReplyDelete
  4. stocktrader_1996January 18, 2019 at 6:44 AM

    Hi Saleem,

    Sold APPN @ 32.23 to take profits

    Stocktrader

    ReplyDelete
  5. stocktrader_1996January 18, 2019 at 6:44 AM

    Hi Saleem,

    Good luck with the swap!

    Stocktrader

    ReplyDelete
  6. Stocks100January 18, 2019 at 7:34 AM


    Hi Stocktrader,

    Sold MOMO @ $29.75

    Saleem

    ReplyDelete
  7. stocktrader_1996January 18, 2019 at 7:44 AM

    Hi Saleem,

    Bought ACIA @ 43.14

    I expect a very good quarter and guidance given their strong results prior and likely continued momentum in optical overall.

    Stocktrader

    ReplyDelete
  8. stocktrader_1996January 18, 2019 at 7:44 AM

    Hi Saleem,

    Nice profits on MOMO!

    Stocktrader

    ReplyDelete
  9. Stocks100January 18, 2019 at 7:51 AM


    Hi Stocktrader,

    Good luck with ACIA again$$$$

    Saleem

    ReplyDelete
  10. Stocks100January 18, 2019 at 8:09 AM


    Hi Stocktrader,

    Bought TWTR $33.65

    Saleem

    ReplyDelete
  11. stocktrader_1996January 18, 2019 at 8:25 AM

    Hi Saleem,

    Good luck with TWTR.

    Stocktrader

    ReplyDelete
  12. stocktrader_1996January 18, 2019 at 8:50 AM

    Hi Saleem,

    Ugh, I almost bought HEAR yesterday.

    Stocktrader

    ReplyDelete
  13. Stocks100January 18, 2019 at 9:18 AM

    Hi Stocktrader,

    I see HEAR UP 14.74% on high volume.....

    Saleem

    ReplyDelete
  14. stocktrader_1996January 18, 2019 at 11:24 AM

    Hi Saleem,

    Bought HEAR @ 17.14

    Based on the chart it has $1 of downside and many $ upside potential. I think their trend is more durable than the market expects currently, and the paying off of all their debt plus the availability of a stock buyback program was one of the best announcements made during the big market downturn and otherwise would have gotten more attention.

    Stocktrader

    ReplyDelete
  15. Stocks100January 18, 2019 at 11:39 AM


    Hi Stocktrader,

    Good luck with HEAR....

    Saleem

    ReplyDelete
  16. stocktrader_1996January 18, 2019 at 11:55 AM

    Hi Saleem,

    Added to LQDA @ 13.43 on this pullback

    Stocktrader

    ReplyDelete
  17. stocktrader_1996January 18, 2019 at 12:40 PM

    Hi Saleem,

    Trimmed a little SAIL @ 26.61

    Bought speculative NIU @ 7.69

    Stocktrader

    ReplyDelete
  18. Stocks100January 18, 2019 at 2:47 PM


    Hi Stocktrader,

    Good luck with NIU & more LQDA...

    Saleem

    ReplyDelete