Indices closed down.
S&P 500 @ 3819.72, low 3818.86, high 3874.47
RSI @ 45.59
CMF @ 0.074
Internals were :
Down volume led by .97 to 1 in NYSE & 2.17 to 1 in Nasdaq
Declining stocks led by 1.30 to 1 in NYSE & 1.95 to 1 in Nasdaq
Net new 52 wk highs were leading by 244 in NYSE & 138 in Nasdaq
VIX UP 10.66% @ 26.67
Oil @ $61.28
Gold @ $1715.80
Canadian $ @ .7386
Portfolio AAPL CNX MGM MRVL NIO SQ SU
Stocks which closed green included CNX MGM SU
RCL WYNN LVS APA CNQ CVX OXY TECK
AAL CCL SCHW RIOT IBM PFE LYFT DAL
HST UBER TD EAT NCLH BA IQ UAL
BABA EXPE YELP MGA MS X M....
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was in a sell sell mode in technology stocks, Nasdaq closed below 50 DMA SOX also closed below 50 DMA. All Indices closed @ low of the day. Rotation was very obvious to all participants Energy, Airlines, Cruise lines, Casino & Financials led the green closing stocks.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Sold MRVL @ #40.50
Added 60% MGM @ $36.51
Saleem
Hi Saleem,
Good luck with the swap!
Crazy day - as usual I keep a short hedge for weeks without any gains and sell just in time for the real declines lol.
Stocktrader
Hi Stocktrader,
It happens only with your short, rest is perfect timing for 3 straight years......
Good luck with Friday.....
Saleem
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