Wednesday, February 12, 2020

Indices closed UP .65% to .94%...NICE !!!!

Indices closed UP.

S&P 500 @ 3379.45, high 3381.47, low 3369.72

RSI @ 66.37

CMF @ 0.130

Internals were :

UP volume led by 2.04 to 1 in NYSE & 2.25 to 1 in Nasdaq

Advancing stocks led by 1.69 to 1 in NYSE & 1.67 to 1 in Nasdaq

Net new 52 wk highs were leading by 416 in NYSE & 208 in Nasdaq

VIX Down 9.49% @ 13.74

Oil @ $51.17

Gold @ $1571.60

Canadian $ .6753

In my portfolio added 80% HUYA @ $20.68

Portfolio HUYA LSCC LK MRVL QCOM

Stocks which were UP 2% or more included   HUYA LSCC 
MU IQ WB CLDR TWTR NIO BZUN SPWR JKS CSIQ
FSLR BIDU LRCX SHOP UAL FEYE AAL AAPL 
BABA QRVO NTNX WYNN LVS TRIP SINA
OSTK SWKS NKE M.....

AH news...NTAP Down 11.85%, SPWR Down 10.42%

                  CSCO Down 4.63%, AMAT UP 2.03%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was strong and closed near high of the day. Major indices made a new all time highs again. Internals were strong all over. VIX dipped accordingly. Some of the earning news AH were weak in Networking sector which may affect Nasdaq. Markets are getting inflows to support further move higher.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold LYFT @ 49.26 on a failed breakout

Bought AVLR @ 89.98 on great earnings and breakout potential

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with AVLR.

Saleem