Indices closed mixed.
S&P 500 @ 2744.45, low 2728.81, high 2763.07
RSI @ 29.91
CMF @ -0.060
Internals were :
UP volume led by 2.86 to 1 in NYSE & 1.03 to 1 in Nasdaq
Advancing stocks led by 1.86 to 1 in NYSE & 1.11 to 1 in Nasdaq
Net new 52 wk highs were leading by 17 in NYSE & lows by 110 in Nasdaq
Oil @ $53.25
Gold @ $1327.90
AH news... FISV UP 7.1%, COUP UP 4.41%
BOX Down 14.33%, EXTR Down 4.99%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE continued on its bearish tone with all indices hitting new lows, Nasdaq has been hammered and all leaders have gone below support. DOW was the exception today and most Semiconductors were UP thanks to CY being bought out. As RSI is below 30 now expect some kind of oversold bounce.
BLOG does NOT give buy or sell.
There is no BLOG tomorrow as Muslims are celebrating ending of month long Ramadan fast with 3 day Eid get together and meeting friends. On Wednesday BLOG will continue its usual format.
Saleem
5 comments:
Hi Saleem,
Sold TWST @ 25.09 to take profits into resistance
Sold FSLY @ 19.84 on relative weakness
Stocktrader
Hi Saleem,
Bought FB @ 161.79 on valuation and chart support.
Stocktrader
Saleem,
Eid Mubarak 2019, Greetings....!
Thanks for your valuable service. its 10 years....! Keep going....!
Raja
Hi Saleem,
Hope your celebration day went well with gatherings and friends! :)
Stocktrader
Thanks Raja & Stocktrader,
Appreciated your messages for Eid greetings.
Saleem
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