Indices closed UP.
S&P 500 @ 2796.11, high 2813.49, low 2794.89
RSI @ 70.19
CMF @ 0.366
Internals were :
UP volume led by 1.16 to 1 in NYSE & 1.46 to 1 in Nasdaq
Advancing stocks led by 1.14 to 1 in NYSE & 1.05 to 1 in Nasdaq
Net new 52 wk highs were leading by 177 in NYSE & 132 in Nasdaq
VIX UP 9.92% @ 14.85
Oil @ $55.48
Gold @ $1329.50
Stocks which were UP 2% or more included SHOP ESTC MOMO
HUYA WB PRNB BABA CTRP BZUN ALDR GS SINA.....
AH news.....TSLA Down 3.58%, ETSY UP 7.10%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE celebrated progress in trade talk between China & USA. Chinese stocks were strong again. TAPE may have discounted all the good news from Fed & Trade. RSI are flashing caution. VIX was UP whole day while market was UP, a tell tale of upcoming pullback.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold AA @ 31.04 to take profits
I was deciding between AA and EAF to reduce my materials exposure, and decided to go with AA.
Bought KRYS @ 23.45
In the gene therapy space, and potentially on the verge of a breakout, I wanted to try this one.
Added a little to GM @ 40.26
I'm not sure how much this can rise, but the chart and sentiment are conducive for more gains should anything positive happen. In either case, I think operational foresight and excellence has really limited the downside.
Stocktrader
Hi Stocktrader,
Good luck with KRYS and more GM.
Saleem
Post a Comment