Indices closed down.
S&P 500 @ 2977.62, low 2963.71, high 2987.28
RSI @ 52.60
CMF @ 0.207
Internals were :
Down volume led by 1.70 to 1 in NYSE & 2.20 to 1 in Nasdaq
Declining stocks led by 1.27 to 1 in NYSE & 2.11 to 1 in Nasdaq
Net new 52 wk highs were leading by 113 in NYSE & lows by 60 in Nasdaq
VIX UP .69% @ 16.07
Oil @ $56.41
Gold @ $1515.20
AH news....EGO Down 4.58%, MU Down 6.95%
LVS UP 3.97%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under mild selling as impeachment process moved forward. Anytime there is uncertainty about deep political issue, there is a pause in market momentum, so we did not confirm this positive move from yesterday. Internals were weak. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Sold LITE @ 53.90
This stock hasn't worked for me recently so I think I'll step back for a while. There might be weakness in optical or lasers.
Stocktrader
Hi Saleem,
Bought some PSNL @ 15.49
I liked the relative strength recently as the rest of the recent-IPO market was imploding. The VA contract today is very nice and an analyst upgrade yesterday provides a catalyst.
Added to HCAT @ 32.06
Added to COUP @ 130.57
Stocktrader
Hi Stocktrader,
Good luck with PSNL and with more HCAT COUP....
Saleem
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