Indices closed mixed.
S&P 500 @ 3120.18, low 3113.47, high 3127.64
RSI @ 73.42
CMF @ 0.336
Internals were :
Down volume led by 1.36 to 1 in NYSE & .76 to 1 in Nasdaq
Declining stocks led by 1.04 to 1 in NYSE & .68 to 1 in Nasdaq
Net new 52 wk highs were leading by 119 in NYSE & 43 in Nasdaq
VIX UP 3.21% @ 12.86
Oil @ $55.21
Gold @ $1474.30
Stocks which closed green included SQ AMD SPWR
JKS FSLR TWLO FB MRVL TSLA UBER MTCH
AAL CGC CRON YY MA V.....
AH news...BCRX UP 9.14%, URBN Down 16.33%
AMRN Down 4.4%
AH Futures Down
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE closed mixed with Nasdaq making another all time high. Internals remains weak. A pullback is long overdue, never fight for last $. Earnings were less than stellar this morning and trade rhetoric is heating up again, not a good thing in this highly elevated market.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Sold VYGR @ 14.02 on this pop
Stocktrader
Hi Stocktrader,
Good move in booking gains$$$$
Saleem
Hi Saleem,
Rebought VICR @ 38.75
Stocktreader
Hi Stocktrader,
Good luck with VICR!
Saleem
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