Indices closed down.
S&P 500 @ 2997.96, low 2990.67, high 3002.19
RSI @ 59.75
CMF @ 0.165
Internals were :
UP volume led by 1.36 to 1 in NYSE & 1.44 to 1 in Nasdaq
Advancing stocks led by 1.12 to 1 in NYSE & 1.11 to 1 in Nasdaq
Net new 52 wk highs were leading by 64 in NYSE & 36 in Nasdaq
VIX UP 6.775 @ 14.67
Oil @ $62.90
Gold @ $1511.50
Stocks which were UP 1% or more included BZUN CIEN SPWR
JKS SQ LYFT UBER MTCH FEYE ROKU CGC PANW YY
ALDR CHK TK RIG YELP SU CMG X M CNX.....
AH news...SHOP Down 4.73%, GLW Down 9.32%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE closed slightly lower and internals were all positive, a nice vote of confidence for bulls when jump in oil could not stir panic in equities. This market has the feel of series of new highs. Most of the Semiconductor stocks performed well and technology stocks fared better than other index.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Sold MDB @ 131.60
After the great run yesterday after a dismal few weeks, I decided to raise some cash ahead of the Fed meeting tomorrow.
Stocktrader
Hi Saleem,
Sold TWTR @ 43.15 to take profits and raise cash generally.
Stocktrader
Hi Stocktrader,
Good luck with your strategy!
Saleem
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