Indices closed mixed.
S&P 500 @ 3006.73, high 3007.83, low 2978.57
RSI @ 61.13
CMF @ 0.288
Internals were :
Down volume led by 1.75 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 1.21 to 1 in NYSE & 1.52 to 1 in Nasdaq
Net new 52 wk highs were leading by 85 in NYSE & 25 in Nasdaq
VIX Down 3.39% @ 13.95
Oil @ $58.11
Gold @ $1515.80
AH news....CCO Down 7.53%, X Down 7.71%
OSTK Down 8.71%, MDR UP 16.20%
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was subjected to HFT ( machine driven trading ) with extreme volatility, but when market closed everything was almost in green. Fed policy statement was more than market friendly BUT some trading houses were betting opposite, so they had to cover their short first. Expecting a positive day on Thursday.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Bought NEWR @ 61.00
Reports that CSCO approached DDOG right before the IPO indicates NEWR could be too cheap here. I'll try it after the huge decline.
Stocktrader
Hi stocktrader,
Good luck with NEWR....
Saleem
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