Indices closed mixed.
S&P 500 @ 3006.79, high 3021.99, low 3003.16
RSI @ 61.15
CMF @ 0.254
Internals were :
Down volume led by 1.25 to 1 in NYSE & 1.35 to 1 in Nasdaq
Declining stocks led by .84 to 1 in NYSE & 1.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 152 in NYSE & 45 in Nasdaq
VIX UP .72% @ 14.05
Oil @ $58.13
Gold @ $1506.20
Stocks which closed green included SPWR JKS FSLR
FB HUYA LYFT WB ROKU SPLK CSIQ GOOG
CHK CSIQ MA ORCL AMZN MSFT ULTA
IBM V.....
In my portfolio ...Sold SPWR @ $15.10
AH news....CRC UP 16.68%, SNPS Down 5.86%
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed near low of the day, which is disappointing. Internals were mostly negative also disappointing. Negative commentary by US & China on trade prospects are being blamed for weak close. Solar stocks have been strong. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
9 comments:
Hi Saleem,
Nice gains on SPWR--good luck on your next pick!
Stocktrader
Hi Saleem,
Sold LITE @ 59.18 to take profits
Stocktrader
Hi Saleem,
Bought VYGR @ 18.50
I see volume and price picking up recently and wanted to try a position here again.
Stocktrader
Hi Saleem,
Sold URI @ 128.06 to take profits
I'm not convinced on a growing economy, and the Architectural Billings Index was terrible for August. Although I really like URI for the future, I'm not sure this is the right time to be invested here.
Stocktrader
Hi Stocktrader,
Good luck with VYGR...
Added 40% LSCC @ $19.80
Saleem
Hi Saleem,
Good luck with more LSCC. I'm getting concerned again about a lack of a trade deal leading to market malaise and company/consumer paralysis on spending. Some of the cyclicals may have run too far if nothing happens on trade this year.
Stocktrader
Hi Saleem,
Bought COUP @ 138.57 on relative strength
These guys have such a unique company that competition is still scarce. That could leave a long runway to growth. Relative strength during this growth stock downturn has been impressive.
Stocktrader
Hi Saleem,
Added small amounts to some of my lowest weightings with the small cash I had leftover:
Added to VYGR @ 18.11
Added to ACMR @ 14.26
Added to NEWR @ 63.36
Stocktrader
Hi Stocktrader,
YES...concerned I am since yesterday's reversal and stated that in my last night BLOG.
Good luck with COUP and more VYGR,ACMR & NEWR....
Saleem
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