Thursday, July 18, 2019

Indices closed UP .01% to .36%.....NICE !!!!!

Indices closed UP.

S&P 500 @ 2991.36, high 2998.28, low 2973.09

RSI @ 62.00

CMF @ 0.085

Internals were :

UP volume led by 1.32 to 1 in NYSE & 1.33 to 1 in Nasdaq

Advancing stocks led by 1.22 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 161 in NYSE & lows by 9 in Nasdaq

Oil @ $55.30

Gold @ $1428.10

AH news... MSFT UP 2.65%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE struggled again and went down after open but major Indices closed UP, looks like we found support and turned UP. AH earning report from MSFT is a beat all over which is turning futures higher. US planes shot down Iran drone which pushed Gold into a new 7 year high.There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Sold HEAR @ 10.03

I have to respect the relative weakness and look for another position. There's too many good stocks in the market right now to wait around for a laggard to suddenly get better.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with next picks...

Sold AMD @ $33.05

Sold BZUN @ $52.10

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck on the next picks!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought VICR @ 33.05

There's been good accumulation the last three days, so I'll try this one out.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with VICR....

Saleem