Indices are lower on weak earnings and uncertainty about President's agenda. Indices are near low of the day.
S&P 500 @ 2443.85, low 2442.19, high 2465.02
Internals are negative by 3 to 1
Oil UP 36 cents
Gold UP $8.50
Canadian $ Down 39 tick @ .7347
VIX UP 21.47% @ 14.26...high today 15.05....
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are down
@ 2.18 following are green :
MOMO WB BABA VRX CNQ GG DNKN COH CSOD
SNAP AEM CMG CNX......
BLOG does NOT give buy or sell.
Saleem
Thursday, August 17, 2017
Wednesday, August 16, 2017
Indices closed UP .12% to .19%....NICE !!!!
Indices closed UP.
S&P 500 @ 2468.11, high 2474.93, low 2463.86
RSI @ 53.84
CMF @ 0.111
Internals were :
UP volume led by 1.42 to 1 in NYSE & 1.59 to 1 in Nasdaq
Advancing stocks led by 1.52 to 1 in NYSE & 1.23 to 1 in Nasdaq
Net new 52 wk lows were leading by 11 in NYSE & 32 in Nasdaq
VIX Down 2.49% @ 11.74
Oil @ $46.78
Gold @ $1282.90
Stocks which were UP 1% or more included WB BABA OLED
MU VRX TWTR CY GG TECK ABX KGC GG AEM SINA
EXPE FEYE YELP SNAP SHOP SPLK ULTA KBH X
PANW LRCX......
AH ER....VIPS Down 8.02%, LB Down 5.46%
CSCO Down 2.50%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE tried to ignore POTUS remarks and Fed minutes, but in the end it closed barely green. Fed minutes were extremely bullish for the market, as interest rate hike is far far away. Internals were mostly positive but CMF is heading down daily. BABA reports before open, its reaction may set the tone for rest of the day.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2468.11, high 2474.93, low 2463.86
RSI @ 53.84
CMF @ 0.111
Internals were :
UP volume led by 1.42 to 1 in NYSE & 1.59 to 1 in Nasdaq
Advancing stocks led by 1.52 to 1 in NYSE & 1.23 to 1 in Nasdaq
Net new 52 wk lows were leading by 11 in NYSE & 32 in Nasdaq
VIX Down 2.49% @ 11.74
Oil @ $46.78
Gold @ $1282.90
Stocks which were UP 1% or more included WB BABA OLED
MU VRX TWTR CY GG TECK ABX KGC GG AEM SINA
EXPE FEYE YELP SNAP SHOP SPLK ULTA KBH X
PANW LRCX......
AH ER....VIPS Down 8.02%, LB Down 5.46%
CSCO Down 2.50%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE tried to ignore POTUS remarks and Fed minutes, but in the end it closed barely green. Fed minutes were extremely bullish for the market, as interest rate hike is far far away. Internals were mostly positive but CMF is heading down daily. BABA reports before open, its reaction may set the tone for rest of the day.
BLOG does NOT give buy or sell.
Saleem
Indices UP .20% to .26%....NICE!!!!
Indices are green, Fed minutes shows no interest rate hike, as fed officials are split.
S&P 500 @ 2471.07, high 2474.93, low 2466.70
Internals are positive almost 2 to 1.
Oil Down 67 cents
Gold UP $3.70
Canadian $ UP 85 tick @ .7331
VIX Down 1.33% @ 11.88
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are UP
@ 2.13 following are red :
CTRP FB NVDA SPWR AMZN AMD LVS JKS TK RIG
LNG GS MLNX MS CMG CNX....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2471.07, high 2474.93, low 2466.70
Internals are positive almost 2 to 1.
Oil Down 67 cents
Gold UP $3.70
Canadian $ UP 85 tick @ .7331
VIX Down 1.33% @ 11.88
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are UP
@ 2.13 following are red :
CTRP FB NVDA SPWR AMZN AMD LVS JKS TK RIG
LNG GS MLNX MS CMG CNX....
BLOG does NOT give buy or sell.
Saleem
Tuesday, August 15, 2017
Indices closed mixed.....
Indices closed mixed.
S&P 500 @ 2464.61, low 2461.61, high 2468.90
RSI @ 52.22
CMF @ 0.168
Internals were :
Down volume led by 1.51 to 1 in NYSE & 1.17 to 1 in Nasdaq
Declining stocks led by 1.76 to 1 in NYSE & 2.05 to 1 in Nasdaq
Net new 52 wk lows were leading by 70 in NYSE & 41 in Nasdaq
VIX Down 2.35% @ 12.04
Oil @ $47.55
Gold @ $1279.70
AH news ....URBN UP 20.81%, MELI UP 11.41%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was flattish most of the day and closed mixed, internals were very weak, after a long time negative reading in most critical internal. Some stocks continues to outperform like BABA, AAPL,SPWR, JKS, FSLR & FB to name a few. Selectivity is becoming very important in stock selection. Wednesday should be positive after today's rest.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2464.61, low 2461.61, high 2468.90
RSI @ 52.22
CMF @ 0.168
Internals were :
Down volume led by 1.51 to 1 in NYSE & 1.17 to 1 in Nasdaq
Declining stocks led by 1.76 to 1 in NYSE & 2.05 to 1 in Nasdaq
Net new 52 wk lows were leading by 70 in NYSE & 41 in Nasdaq
VIX Down 2.35% @ 12.04
Oil @ $47.55
Gold @ $1279.70
AH news ....URBN UP 20.81%, MELI UP 11.41%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was flattish most of the day and closed mixed, internals were very weak, after a long time negative reading in most critical internal. Some stocks continues to outperform like BABA, AAPL,SPWR, JKS, FSLR & FB to name a few. Selectivity is becoming very important in stock selection. Wednesday should be positive after today's rest.
BLOG does NOT give buy or sell.
Saleem
Indices down .01% to .09%.....
Indices are slightly lower after a strong gain yesterday.
S&P 500 @ 2464.62, low 2461.61, high 2468.90
Internals are negative almost 2 to 1
Oil Down 17 cents
Gold Down $11.90
Canadian $ Down 28 tick @ .7354
VIX Down 2.43% @ 12.03
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are down
@ 12.14 following are green :
FB SPWR BABA BIDU AAPL AMZN LULU
OLED MU VRX AMD BAC JKS CSIQ
EBAY MRVL FSLR WYNN LVS GS
MS SNAP MCD CMG MA V X
PANW LRCX ....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2464.62, low 2461.61, high 2468.90
Internals are negative almost 2 to 1
Oil Down 17 cents
Gold Down $11.90
Canadian $ Down 28 tick @ .7354
VIX Down 2.43% @ 12.03
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are down
@ 12.14 following are green :
FB SPWR BABA BIDU AAPL AMZN LULU
OLED MU VRX AMD BAC JKS CSIQ
EBAY MRVL FSLR WYNN LVS GS
MS SNAP MCD CMG MA V X
PANW LRCX ....
BLOG does NOT give buy or sell.
Saleem
Monday, August 14, 2017
Indices closed UP .62% to 1.34%.....NICE !!!!
Indices closed UP.
S&P 500 @ 2465.84, high 2468.22, low 2454.96
RSI @ 52.82
CMF @ 0.216
Internals were :
UP volume led by 2.83 to 1 in NYSE & 3.62 to 1 in Nasdaq
Advancing stocks led by 3.22 to 1 in NYSE & 3.27 to 1 in Nasdaq
Net new 52 wk high were leading by 3 in NYSE & lows by 5 in Nasdaq
VIX Down 20.50% @ 12.33
Oil @ $47.59
Gold @ $1290.40
Stocks which were UP 2% or more MOMO NVDA OCLR SPWR
WB MCHP MU AMD CY BAC JKS QRVO SINA EXPE FNSR FSLR CIEN WYNN DATA SNAP SHOP CRUS SWKS LRCX.....
AH news....YY Down 3.95%...secondary offering 5.75 million ADS
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE was strong and closed near high of the day, internals were mostly strong. Nasdaq was the star, all FAANG participated except NFLX, which was slammed by Barron's over the weekend. NVDA made up all the losses and added some more gains, a case of hidden agenda of wall street. VIX slumped, which foretells about indices moving higher for confirmation of this strong rebound. Buy the strength.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2465.84, high 2468.22, low 2454.96
RSI @ 52.82
CMF @ 0.216
Internals were :
UP volume led by 2.83 to 1 in NYSE & 3.62 to 1 in Nasdaq
Advancing stocks led by 3.22 to 1 in NYSE & 3.27 to 1 in Nasdaq
Net new 52 wk high were leading by 3 in NYSE & lows by 5 in Nasdaq
VIX Down 20.50% @ 12.33
Oil @ $47.59
Gold @ $1290.40
Stocks which were UP 2% or more MOMO NVDA OCLR SPWR
WB MCHP MU AMD CY BAC JKS QRVO SINA EXPE FNSR FSLR CIEN WYNN DATA SNAP SHOP CRUS SWKS LRCX.....
AH news....YY Down 3.95%...secondary offering 5.75 million ADS
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE was strong and closed near high of the day, internals were mostly strong. Nasdaq was the star, all FAANG participated except NFLX, which was slammed by Barron's over the weekend. NVDA made up all the losses and added some more gains, a case of hidden agenda of wall street. VIX slumped, which foretells about indices moving higher for confirmation of this strong rebound. Buy the strength.
BLOG does NOT give buy or sell.
Saleem
Indices UP .67% to 1.20%....NICE !!!!
Indices are higher on no new development on North Korea vs US confrontation. Indices are near high of the day.
S&P 500 @ 2466.44, high 2468.22, low 2454.96
Internals are positive by almost 5 to 1 in NYSE & 4 to 1 in Nasdaq
Oil Down 57 cents
Gold Down $3.80
Canadian $ Down 12 tick @ .7307
VIX Down 19.99% @ 12.41
In my portfolio Bought CTRP @ $52.96
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are UP
@ 12.06 following are red :
CTRP BIDU NTES GG ABX KGC NFLX CSIQ SU
EBAY AGU TRIP MCD AEM ULTA OPK VRX
CMG CNX.....
BLOG does NOT give buy or sell.
Earlier post due to "nuclear scan" today and tomorrow
for my hyperthyroidism.
Saleem
S&P 500 @ 2466.44, high 2468.22, low 2454.96
Internals are positive by almost 5 to 1 in NYSE & 4 to 1 in Nasdaq
Oil Down 57 cents
Gold Down $3.80
Canadian $ Down 12 tick @ .7307
VIX Down 19.99% @ 12.41
In my portfolio Bought CTRP @ $52.96
Portfolio CTRP FB MOMO NVDA OCLR SPWR
Most stocks are UP
@ 12.06 following are red :
CTRP BIDU NTES GG ABX KGC NFLX CSIQ SU
EBAY AGU TRIP MCD AEM ULTA OPK VRX
CMG CNX.....
BLOG does NOT give buy or sell.
Earlier post due to "nuclear scan" today and tomorrow
for my hyperthyroidism.
Saleem
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