Tuesday, April 30, 2019

Indices closed mixed......

Indices closed mixed.

S&P 500 2945.83, high 2948.22, low 2924.11

RSI @ 73.49

CMF @ 0.315

Internals were :

UP volume led by 1.20 to 1 in NYSE & .73 to 1 in Nasdaq

Advancing stocks led by 1.20 to 1 in NYSE & .71 to 1 in Nasdaq

Net new 52 wk highs were leading by 244 in NYSE & 63 in Nasdaq

VIX UP 0.08% @ 13.12

Oil @ $63.91

Gold @ $1285.70

Stocks which were UP 1% or more included BZUN
HUYA SHOP MOMO WB FEYE NTNX TK MA
SWKS CMG.....

AH news...AAPL UP 4.96%, NUS UP 15.39%

                 ENPH UP 17.13%, SSNC Down 7.61%

AH Futures UP

AH Asian markets Mixed

AH Oil & Gold Down

About market, TAPE was mixed with Nasdaq being in red from open, DOW & S&P 500 was in green most of the day. Earnings keeps coming and results remains mixed. Internals were mixed with Nasdaq internals showing weakness. This earning season was stock specific not sector specific @ all.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold TWST @ 23.94

Despite impressive growth in revenues and a nice beat, they are going to need lots of cash. I don't think that bodes well for short term price action.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with next pick.

SOLD BZUN @ $48.15

Added 70% SQ @ $73.85...tonight is earnings report.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Very nice run on BZUN!

Good luck with SQ tonight--lots of eyes on it!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold MPC @ 61.18 to take small profits

Despite a spike in gasoline prices, these stocks haven't moved much at all. I think there's the longer term fear the gasoline demand will drop significantly with the further penetration of electric vehicles.

Stocktrader