Thursday, August 15, 2019

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2847.50, high 2856.67, low 2825.51

RSI @ 38.63

CMF @ 0.129

Internals were :

Down volume led by 1.32 to 1 in NYSE & 1.77 to 1 in Nasdaq

Declining stocks led by .93 to 1 in NYSE & 1.37 to 1 in Nasdaq

Net new 52 wk lows were leading by 131 in NYSE & 240 in Nasdaq

VIX Down 4.16% @ 21.18

Oil @ $54.47

Gold @ $1531.20

AH news....CELG Down 34.89%, ARAY Down 7.19%

                   ACOR UP 10.69%, NVDA UP 5.59%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE went into another UP then DOWN then higher close, in that process we might have made a triple bottom in all 3 major Indices. 30 year treasury is below 2% which is a historic low, but these days there is a new twist in 2 yr to 30 yr yield depends on what you want to highlight, records are maintained to be broken in a new twitter driven world.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 RUBY @ 10.45

Pruning the weak stocks on a pop.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

I really like the Chinese stocks right now as I feel like sentiment is turning.

I'm looking at ACMR MOMO BZUN

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with Chinese stocks.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold TREX @ 85.62 to take profits and high valuation

Bought starter positions in the following:

Bought ACMR @ 14.25
Bought BZUN @ 47.35
Bought MOMO @ 32.81

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good uck with ACMR, BZUN & MOMO...

Saleem