Thursday, June 27, 2019

Indices closed mixed......

Indices closed mixed.

S&P 500 2 2924.92, high 2929.30, low 2918.57

RSI @ 59.13

CMF @ -0.103

Internals were :

UP volume led by 2.29 to 1 in NYSE & 3.39 to 1 in Nasdaq

Advancing stocks led by 2.5 to 1 in NYSE & 2.92 to 1 in Nasdaq

Net new 52 wk highs were leading by 102 in NYSE & lows by 18 in Nasdaq

VIX Down 2.41% @ 15.82

Oil @ $59.43

Gold @ $1412.00

Stocks which were UP 2% or more included AMD BZUN IQ
HUYA MU LRCX SHOP MOMO WB SPLK FSLR CGC
AMAT CRUS CSIQ JKS NFLX OLED PANW QRVO
NTNX ALDR TK YELP SPWR WYNN TRIP KBH
SINA.....

AH news...CAMP UP 23.56%, JBLU UP 4.43%

                  SGH Down 13.48%, LPG Down 5.64%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong and closed near high of the day, there is lot of optimism for meeting between China & US to wrap up trade deal in short order, any disappointment will throw this market in a freefall. Watch the news and Twitter closely. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold LITE @ 52.40 to take profits

I am concerned enough about the outcome from this weekend that I don't think having this kind of exposure is warranted, especially as we've run a bit recently.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Bought CIEN @ $41.40.

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold FSLY @ 20.35 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Good luck with CIEN.

Stocktrader