Indices closed down.
S&P 500 @ 2927.25, low 2926.05, high 2936.83
RSI @ 69.94
CMF @ 0.327
Internals were :
Down volume led by 1.47 to 1 in NYSE & .94 to 1 in Nasdaq
Declining stocks led by .99 to 1 in NYSE & 1.09 to 1 in Nasdaq
Net new 52 wk highs were leading by 186 in NYSE & 85 in Nasdaq
VIX UP 7.00% @ 13.14
Oil @ $65.89
Gold @ $1279.40
Stocks which were UP 1% or more included AMD HUYA
NIU AEM VICR CRON CGC MRVL AMAT WYNN
MCD ULTA NKE CMG M......
AH news....FB UP 7.56%, NOW UP 4.45%
XLNX Down 8.52%, NTGR Down 7.33%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE closed near low of the day on poor quality of earnings @ open. We opened down then moved UP then quickly faded into close. AH earnings are strong for FB MSFT which reflects nicely in Nasdaq futures. Nasdaq made an Intraday all time high. Internals were mixed @ best.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Sold WDC @ 54.20 to take small profits
Stocktrader
Hi Saleem,
Bought SMAR @ 41.92
Looks good for a breakout, and plays on the great numbers from NOW.
Stocktrader
Hi Stocktrader,
Good luck with SMAR
Saleem
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