Indices closed UP.
S&P 500 @ 3257.85, high 3258.14, low 3235.53
RSI @ 75.48
CMF @ 0.119
Internals were :
UP volume led by 1.27 to 1 in NYSE & 2.31 to 1 in Nasdaq
Advancing stocks led by 1.74 to 1 in NYSE & 1.41 to 1 in Nasdaq
Net new 52 wk highs were leading by 428 in NYSE & 241 in Nasdaq
VIX Down 9.51% @ 12.47...52 wk low is 11.03
Oil @ $61.19
Gold @ $1528.10
Canadian $ @ .6998
In my portfolio...
Bought NIO @ $3.75
Sold MRVL @ $27.25
Portfolio CIEN CLDR LSCC MU MOMO NIO TWTR
Stocks which were UP 2% or more included MU MOMO MRVL
HUYA BZUN AMD WB XLNX IQ TSLA UBER SHOP AMZN
MTCH NIU ROKU AAPL VICR FSLR BABA GOOG OLED
YY SNAP SQ LNG JKS WYNN LVS SINA TSM CMG FB..
AH news....ACOR UP 22.45%, FCEL UP 4.98%
LPI UP 5.43%, WYNN Down 17.51%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE closed near high of the day, DOW, S&P 500 & Nasdaq closed @ new all time high. Market was strong on news of signing of stage 1 of trade deal between USA & CHINA. Only surprise was Russell 2000 not participating in today's rally. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Welcome back, and congrats on a completely amazing 2019 for you!
Good luck as we start 2020 anew, looking for broad themes and individual ideas :)
Stocktrader
Hi Stocktrader,
Thanks for your appreciative message for 2019.
2020 will remain as swing traders market, booking profit is a good idea!
Good luck to your ongoing in-depth analysis and charting, very helpful to me and all BLOG visitors!
To another prosperous year for all BLOG visitors!
Saleem
Hi Stocktrader,
Bought AMRN @ $21.14
Saleem
Hi Saleem,
Good luck with AMRN!
I am thinking about adding more Chinese exposure today--I think I really like the setup for those stocks this year. I just have to figure out what to sell first! :)
Stocktrader
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