Indices closed mixed.
S&P 500 @ 2888.32, high 2893.42, low 2881.99
RSI @ 65.80
CMF @ 0.243
Internals were :
Down volume led by 1.30 to 1 in NYSE & 1.33 to 1 in Nasdaq
Declining stocks led by .91 to 1 in NYSE & 1.21 to 1 in Nasdaq
Net new 52 wk highs were leading by 164 in NYSE & 49 in Nasdaq
VIX Down 2.11% @ 13.02
Oil @ $63.56
Gold @ $1293.30
AH news....AQST UP 9.53%, ARA UP 7.44%
AMRS Down 22.15%, HBB Down 5.59%
AH Futures UP
AH Asian Market Mixed
AH Oil & Gold UP
About market, TAPE closed mixed in anticipation of earnings report which starts next week. Internals were weak. Like every quarter there is lingering doubt about quality of earnings and this quarter is being greeted with skepticism. Earnings may provide catalyst for market to go higher, we are not too far from all time high. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Cut ORTX by 44% @ 19.65
It's been a great run and the lockup expiration for the shares arrives later this month, and I'm not sure how dramatic the selling might be. It had also become my largest position by far, so this trim allows me to purchase a whole new position in something.
Stocktrader
Hi Stocktrader,
Good luck with your next pick.
Saleem
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