Indices closed mixed.
S&P 500 @ 3321.75, high 3337.77, low 3320.04
RSI @ 73.07
CMF @ 0.218
Internals were :
Down volume led by 1.27 to 1 in NYSE & .97 to 1 in Nasdaq
Declining stocks led by .91 to 1 in NYSE & 1.03 to 1 in Nasdaq
Net new 52 wk highs were leading by 481 in NYSE & 235 in Nasdaq
VIX UP .47% @ 12.91
Oil @ $56.74
Gold @ $1556.70
Canadian $ @ .6861
Portfolio SOXS.....
Stocks which closed green included MRVL MU IQ AMD
CLDR LULU CIEN NVDA SQ TSM MCD TSLA AAL
LRCX PHM AAPL AMAT CRUS QRVO SNAP GS
NTNX YELP GOOG MA ULTA SWKS KBH CMG
IBM V PANW......
AH news...TER UP 11.84%, SLM UP 23.21%
TTPH Down 24.22%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down.
About market, TAPE closed mixed and @ low of the day, internals were mixed. S&P 500 and Nasdaq made a new all time high. Many technicians are weighing in as to the health of this market, some negative but most still bullish. Market never gives clear verdict in the beginning but message may become loud and clear.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold SPLK @ 157.64
Despite many analysts with positive commentary, it can't seem to get moving. I'll step to the sidelines and look for another idea.
Stocktrader
Hi Stocktrader,
Good luck with your next pick!
Saleem
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