Indices closed UP.
S&P 500 @ 2753.03, high 2761.85, low 2748.63
RSI @ 66.97
CMF @ 0.334
Internals were :
UP volume led by 1.45 to 1 in NYSE & 1.62 to 1 in Nasdaq
Advancing stocks led by 1.84 to 1 in NYSE & 1.40 to 1 in Nasdaq
Net new 52 wk highs were leading by 91 in NYSE & 54 in Nasdaq
VIX UP 1.43% @ 15.65
Oil @ 53.90
Gold @ $1315.10
Stocks which were UP 2% or more included TWTR
MOMO BIDU ROKU CRON CGC PRNB EAF
CHK SPWR MU.....
AH news...AVP UP 8.62%, YELP UP 5.95%
SWIR Down 21.42%, FOSL Down 15.98%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continued its optimism over two issues facing US market, trade with China & Government shutdown. Indices closed over the key resistance of 200 DMA in Dow & S&P 500.Market internals were positive. RSI is flashing caution with close to 70 area.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteBought HUBS @ 163.99 on the secondary
Stocktrader
Hi Saleem,
ReplyDeleteRebought SAIL @ 31.25
Stocktrader
Hi Saleem,
ReplyDeleteIt looks like software stocks might roll over hard here, watching CRM for the signal.
Stocktrader
Hi Saleem,
ReplyDeleteIt looks like today is not that selloff today for software--wow are they resilient!
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck with HUBS & SAIL.
Interesting action in CRM.
Saleem