Wednesday, June 19, 2019

Indices closed UP .15% to .42%....NICE !!!!

Indices closed UP.

S&P 500 @ 2926.46, high 2931.94, low 2911.43

RSI @ 64.55

CMF @ -0.045

Internals were :

UP volume led by 1.49 to 1 in NYSE & 1.43 to 1 in Nasdaq

Advancing stocks led by 1.65 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 243 in NYSE & 49 in Nasdaq

VIX Down 5.41% @ 14.33

Oil @ $53.76

Gold @ $1348.80

Stocks which were UP 1% or more included BZUN SQ
SHOP UAL FEYE NIU SPLK AEM CGC TLRY
CSIQ CTRP EXPE NFLX PANW NTNX ROKU
TK TRIP MGA OSTK ULTA X M......

AH news...ORCL UP 4.54%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE celebrated Fed dovish approach and closed near high of the day. Markets all set to make new all time highs as 10 year yield is falling below 2%, first time in almost 4 years. This rally was the most ignored by majority of participants, thus expect a huge rally on Thursday.

BLOG does NOT give buy or sell.

Saleem

8 comments:

Stocks100 said...


Hi Stocktrader,

Doubled my position in TWTR @ $36.52 in pre market.

Saleem

Stocks100 said...


Hi Stocktrader,

Sold BZUN @ $51.00

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold TWTR @ 36.51 on relative weakness

Sold TWST @ 29.60 avg to take profits

Good luck with your increased TWTR and next picks from BZUN sale.

I am eyeing up the IPOs of PSNL and BCEL today as most eyes are on the WORK listing today.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought BCEL @ 19.19

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with BCEL.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Yeah, badly messed up that one.

PSNL next.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought PSNL @ 23.70

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with PSNL.

Saleem