Indices closed down.
S&P 500 @ 2932.47, low 2898.21, high 2937.32
RSI @ 61.18
CMF @ 0.261
Internals were :
Down volume led by 1.90 to 1 in NYSE & 1.37 to 1 in Nasdaq
Declining stocks led by 1.45 to 1 in NYSE & 1.28 to 1 in Nasdaq
Net new 52 wk highs were leading by 111 in NYSE & 47 in Nasdaq
VIX UP 19.97% @ 15.44
Oil @ $62.25
Gold @ $1283.80
AH news....GS UP 4.88% , KLAC Down 3.70%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was sharply lower @ open but it worked its way back to impressive close, it closed well above its lows and close to its high of the day. Bargain hunters bought this dip.@ its low of the day DOW was down 471 points, by close it was down only 66 points. Futures are down again on negative commentary by US negotiator about Chinese reneging on agreed terms.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Bought URI @ 134.56
I was looking for a little diversification and the US-centric nature of the stock could keep it somewhat insulated. I still love the valuation, model, and management.
Stocktrader
Hi Saleem,
Bought TWTR @ 39.53
I was looking for a re-entry and figured this was a good time. The uniqueness of the asset is everything, and the fact that they slowly seem to be figuring things out is a positive sign.
Stocktrader
Hi Stocktrader,
Good luck with URI & TWTR.
Saleem
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