Thursday, September 14, 2017

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2495.62, low 2491.35, high 2498.43

RSI @ 63.45

CMF @ 0.134

Internals were :

UP volume led by 1.03 to 1 in NYSE & .75 to 1 in Nasdaq

Advancing stocks led by 1.38 to 1 in NYSE & .83 to 1 in Nasdaq

Net new 52 wk highs were leading by 90 in NYSE & 104 in Nasdaq

VIX Down .57% @ 10.44

Oil @ $49.89

Gold @ $1329.30

AH news...ORCL Down 4.49%, TWLO Down 4.32%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP.

About market, TAPE was mixed @ close, Dow finally made a new all time high on absolute and closing basis. Nasdaq missed it again by hair. Inflation fear and its impact on fed raising interest rate kept the market worried whole day. Internals were mixed. AH we have familiar North Korea firing missile over Japan into sea, it should be ignored by market, as there is no surprise about 1200 mile range of this missile.There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem


Indices mixed.....

Indices are mixed after record close for 2 days. Dow made a new all time high today.Indices are above lows and near high of the day.

S&P 500 @ 2497.04, low 2491.35, high 2498.43

Internals are positive in NYSE & negative in Nasdaq

Oil UP 38 cents

Gold UP $3.40

Canadian $ Down 16 tick @ .7813

VIX Down .57% @ 10.44

Portfolio AMD CTRP JD MOMO NVDA 

Most stocks are down

@ 2.54 following are green :

AMD JD NVDA BIDU WUBA MCHP TSLA WB
SPWR MU CNQ V KGC MA JKS QRVO CSIQ
SINA SU CHK LNG FEYE FSLR AGU MGA
CSOD SHOP CRUS SPLK KORS LRCX
CNX.......

BLOG does NOT give buy or sell.

Saleem

Wednesday, September 13, 2017

Indices Closed UP .08% to .18%....NICE !!!!

Indices closed UP.

S&P 500 @ 2498.37, high 2498.37, low 2492.14

RSI @ 64.98

CMF @ 0.112

Internals were :

UP volume led by 1.57 to 1 in NYSE & 1.12 to 1 in Nasdaq

Advancing stocks led by 1.11 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 102 in NYSE & 114 in Nasdaq

VIX Down .76% @ 10.50

Oil @ $49.30

Gold @ $1328.00

Stocks which were UP 1% or more included    CTRP JD 
BZUN BABA WUBA AMZN OCLR CNQ BAC UA
SBUX JKS COH CHK TK RIG FEYE MS OPK
AAL M.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed @ absolute high of the day and made another all time high on a closing basis.It is important to note that, we have not made a new all time high in Nasdaq which is 6460.84, we closed today @ 6460.19, In Dow also, we have not crossed all time high of 22,200, we closed today @ 22,158.18. Only S&P 500 made a new all time high and also closed @ new all time high. Internals were positive on renewed hope of tax reform.

BLOG does NOT give buy or sell.

Saleem


Indices mixed.....

Indices are mixed on higher oil. Indices are @ high of the day.

S&P 500 @ 2496.38, low 2492.14, high 2497.22

Internals are positive

Oil UP $1.06

Gold Down $5.20

Canadian $ Down 13 tick @ .7805

VIX Down .19% @ 10.56

Portfolio AMD CTRP JD MOMO NVDA 

Most stocks are UP

@ 2.22 following are red :

MOMO NFLX BIDU LULU AAPL NTES WB VRX
SWIR GG TECK FCX V MA ABX LEN FFIV
PCLN YELP FSLR WYNN TRIP SHOP 
AEM ULTA KBH......

BLOG does NOT give buy or sell.

Saleem

Tuesday, September 12, 2017

Indices closed UP .28% to .34%....NICE !!!!

Indices closed UP.

S&P @ 2496.48, high 2496.77, low 2490.37

RSI @ 64.43

CMF @ 0.051

Internals were :

UP volume led by 2.60 to 1 in NYSE & 1.47 to 1 in Nasdaq

Advancing stocks led by 1.71 to 1 in NYSE & 1.70 to 1 in Nasdaq

VIX Down 1.40% @ 10.58

Oil @ $48.23

Gold @ $1332.70

Stocks which were UP 1% or more included JD NFLX
BZUN BIDU FNSR MU VRX SWIR TWTR BAC
KGC COH SINA CHK RIG CIEN GS DATA
MS SHOP CMG M LRCX CNX......

In my portfolio :

Sold NFLX @ $184.10

Bought JD @ $43.30

AH news....JWN UP 9.88%

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE continued its record run with S&P 500 and Nasdaq making a new all time high. Strong stocks kept going UP. Internals were positive all around. AAPL presentation had only 1 surprise iphone X is not available until November with a price tag of $999. Tax reform is coming before end of year but effective Jan 1, that gave boost to indices. Dow is all set to make a new all time high.

BLOG does NOT give buy or sell.

Saleem


Indices UP .25% to .28%....NICE !!!!

Indices are higher after strong close yesterday. S&P 500 @ new all time high. Indices are near high of the day.

S&P 500 @ 2494.16, high 2496.35, low 2490.37

Internals are positive.

Oil UP 15 cents

Gold Down $3.00

Canadian $ Down 55 tick @ .7837

VIX UP 1.68% @ 10.91

Portfolio AMD CTRP MOMO NVDA NFLX

Most stocks are UP

@ 2.12 following are red :

AMD CTRP MOMO NVDA LULU GOOG NTES FB
WB FCX UA SBUX MSFT CSIQ DNKN YUM TK
WYNN AGU MCD AEM SPLK ULTA KORS X
PANW.....

BLOG does NOT give buy or sell.

Saleem

Monday, September 11, 2017

Indices closed UP 1.08% to 1.19%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2488.11, high 2488.95, low 2474.52

RSI @ 62.00

CMF @ 0.031

Internals were :

UP volume led by 3.96 to 1 in NYSE & 2.86 to 1 in Nasdaq

Advancing stocks led by 3.59 to 1 in NYSE & 2.56 to 1 in Nasdaq

Net new 52 wk highs were leading by 198 in NYSE & 218 in Nasdaq

VIX Down 11.47% @ 10.73

Oil @ $48.07

Gold @ $1335.70

Stocks which were UP 2% or more included AMD NVDA NFLX
JD BABA WUBA TSLA MCHP FNSR OLED MU VRX MA
SWIR BAC LEN CSIQ SINA FEYE AGU DATA MS AAL
SHOP CRUS SWKS LRCX CNX.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was in supercharged mode with buying dominating until final bell. Internals were strong. Reason for this big jump was most of the pressing issues seemed so far away from any traders mind. S&P 500 closed @ new all time high, while Nasdaq is only 29 points away and Dow 144 points from making new all time high. Most sectors participated in this rally, strong stocks took off.

BLOG does NOT give buy or sell.

Saleem