Indices closed UP.
S&P 500 @ 2910.63, high 2911.13, low 2855.94
RSI @ 40.90
CMF @ 0.091
Internals were :
UP volume led by 2.28 to 1 in NYSE & 2.46 to 1 in Nasdaq
Advancing stocks led by 1.80 to 1 in NYSE & 1.56 to 1 in Nasdaq
Net new 52 wk lows were leading by 69 in NYSE & 101 in Nasdaq
VIX Down 7.00% @ 19.12
Oil @ $52.45
Gold @ $1513.80
Stocks which were UP 2% or more included BZUN LSCC
JKS FSLR MOMO FB IQ HUYA SQ NVDA MU SHOP
WB MTCH ROKU SPLK FSLR CGC CSIQ QRVO
YY SWKS.....
AH news...AVYA UP 15.12$, PVTL Down 3.96%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE went sharply lower @ open taking DOW & Nasdaq below 200 DMA and recovered nicely and closed well above 200 DMA. Indices closed @ high of the day. Tomorrow it is all about Jobs number, expectations are new job creation of 145,000. Hopefully by close Friday we may have a confirmation of this uptrend by closing green. There is only a closing BLOG on Friday's by 7 PM.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold COUP @ 147.18 to take profits
It was a rocket ship this week based on a huge short squeeze. It is still immensely expensive, so I wanted to take a step back and see what happens from here.
Stocktrader
Hi Stocktrader,
Nice trade in COUP$$$$$
Saleem
Post a Comment