Indices closed down.
S&P 500 @ 3135.98, low 3135.46, high 3148.87
RSI @ 60.58
CMF @ 0.375
Internals were :
Down volume led by 1.02 to 1 in NYSE & 1.33 to 1 in Nasdaq
Declining stocks led by 1.02 to 1 in NYSE & 1.34 to 1 in Nasdaq
Net new 52 wk highs were leading by 143 in NYSE & 62 in Nasdaq
VIX UP 16.45% @ 15.86
Oil @ $59.02
Gold @ $1464.90
AH news....FLXN UP 13.59%, SFIX UP 12.15%
GNW UP 12.02%, CHWY Down 1.99%
AH Futures Down
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE was under mild selling due to many minor issues, overbought, trade duty on December 15th for China & Fed policy statement on Wednesday. Market closed @ low of the day and VIX was sharply higher which remains to be sorted out as to why UP so much. Turnaround Tuesday may bring some smile @ close.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold ZM @ 65.32 to take profits and on valuation
Bought DDOG @ 35.54 on a very muted response to the mini-lockup today and perfect market positioning
Added to GTLS @ 56.28 on relative strength
Stocktrader
Hi Stocktrader,
Good luck with DDOG and more GTLS...
Great swing trading$$$$$
Saleem
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