Indices closed mixed.
S&P 500 @ 2883.98, high 2892.17, low 2825.71
RSI @ 37.10
CMF @ 0.153
Internals were :
Down volume led by 1.02 to 1 in NYSE & .63 to 1 in Nasdaq
Declining stocks led by 1.04 to 1 in NYSE & 1.03 to 1 in Nasdaq
Net new 52 wk highs were leading by 4 in NYSE & lows by 134 in Nasdaq
VIX Down 3.37% @ 19.49
Oil @ $51.09
Gold @ $1519.60
AH news....AMD UP 4.01%, ROKU UP 12.39%
STMP UP 12.39%, ANGI Down 23.73%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was subjected to extreme down ward pressure @ open by High Frequency Traders resulting in DOW being down almost 600 points. DOW was the only loser today. Technically we have a confirmed back to back gain in S&P 500 & Nasdaq. Hopefully DOW will participate on Thursday with a green close.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Sold COHU @ 13.18
A lackluster report and poor chart probably makes this dead money for a while.
Stocktrader
Hi Saleem,
Sold IBP @ 53.28 on muted action after earnings
Stocktrader
Hi Stocktrader,
Good luck with new picks....
Saleem
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