Tuesday, November 12, 2019

Indices closed UP 0% to .26%....NICE!!!!

Indices closed UP.

S&P 500 @ 3091.84, high 3102.61, low 3084.73

RSI @ 68.73

CMF @ 0.162

Internals were :

Down volume led by 1.37 to 1 in NYSE & .81 to 1 in Nasdaq

Declining stocks led by 1.04 to 1 in NYSE & .99 to 1 in Nasdaq

VIX Down .08% @ 12.68

Oil @ $56.80

Gold @ $1453.70

Stocks which were UP 1% or more included AMD
BYND JKS BZUN MRVL FB TSLA MU ROKU
VICR CRUS OLED PANW SWKS KBH CMG...

AH news...DDOG UP 14.83%, CSIQ Down 9.02%

                 TTPH Down 7.97%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE was all over the place but by close we closed unchanged to UP. S&P 500 and Nasdaq made a new all time high S&P 500 Intraday and new all time high & Nasdaq closing high.
Internals were mostly negative which is not a good thing on day of new all time high, market looks overbought and tired, needs pullback.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Bought BHVN @ 47.87

I like the chart in the face of weakness in many biotechs otherwise.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold PTON @ 24.88 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold CHGG @ 35.58 to take profits

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with BHVN...

Nice to see booking profit quickly @ elevated level in TAPE...

Saleem