Indices closed mixed.
S&P 500 @ 3010.29, high 3016.07, low 3000.42
RSI @ 58.43
CMF @ -0.049
Internals were :
UP volume led by .64 to 1 in NYSE & 1.30 to 1 in Nasdaq
Advancing stocks led by .98 to 1 in NYSE & .83 to 1 in Nasdaq
Net new 52 wk highs were leading by 168 in NYSE & 32 in Nasdaq
VIX Down 2.14% @ 13.71
Oil @ $56.23
Gold @ $1504.70
Stocks which were UP 1% or more included AMD
MSFT JKS MOMO MRVL IQ SQ TSLA MU
LRCX SHOP AAL SPLK VICR CRON V
TLRY FFIV OLED PANW AMAT BABA
MA KBH.....
AH news....AMZN Down 6.75%, PFPT Down 6.19%
INTC UP 4.06%, JNPR UP 5.06%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was strong in Nasdaq and Down in DOW reflecting strong and weak earnings. It is a stock driven market, good earnings gets higher prices like TSLA and bad one like TWTR gets clobbered. Earnings tonight are mixed, bad from AMZN and good from INTC, could be a mixed Friday session also. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold HCAT @ 28.64
I got a worse fill than I should have by probably $0.20--the liquidity wasn't there to absorb a market order for 4800 shares, oops. Regardless though, this is another stock where I don't have a specific short term thesis, and therefore it gets cut.
I am looking at possibly AGCO/TSCO given the major underinvestment in farming in recent years, ALB with the long-term lithium story for EVs, GNRC for increasing deployment of backup generators, FSLR on this dip for long term prospects, or LUV/AAL for when the Max comes back and with fuel prices low.
Stocktrader
Hi Stocktrader,
Lots of good research....
Good luck with your next pick !
Saleem
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