Indices mixed after opening lower then turned green now mixed, a normal pattern of gains being digested, so far it is showing buyers interest.
S&P 500 @ 2583.49, low 2582.02, high 2592.96
Internals are mostly negative.
Oil Down 1 cent
Gold Down $2.90
Canadian $ Down 30 tick @ .6763
VIX UP .15% @ 20.01
Portfolio FEYE IQ MOMO NVDA SQ WB
Most stocks are UP
@ 2.09 PM following are red :
MOMO WB ESTC AMD BZUN ROKU LULU
CHK TK YELP WYNN SINA OSTK MSFT
ULTA KBH M......
BLOG does NOT give buy or sell.
Saleem
Thursday, January 10, 2019
Wednesday, January 9, 2019
Indices closed UP .39% to .87%....NICE !!!!
Indices closed UP.
S&P 500 @ 2584.06, high 2595.32, low 2588.89
RSI @ 52.32
CMF @ -0.129
Internals were :
UP volume led by 2.99 to 1 in NYSE & 1.93 to 1 in Nasdaq
Advancing stocks led by 2.28 to 1 in NYSE & 1.91 to 1 in Nasdaq
Net new 52 wk highs were leading by 6 in NYSE & 26 in Nasdaq
VIX Down 2.39% @ 19.98
Oil @ $52.36
Gold @ $1292.00
Stocks which were UP 2% or more included MOMO SQ WB
HUYA BZUN SHOP ROKU CGC AMAT LRCX MRVL
YY CHK BABA MU ESTC SINA SU SWKS M PHM
KBH.....
AH news ...VERI UP 23.73%, BBBY UP 16.80%
AH Futures Down
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE continued its bullish run from recent lows to 4 day's in a row. We have moved UP substantially higher from lows, in S&P 500 we are UP 238 points or 10.16% in exactly 10 trading days, in Nasdaq we are UP 766 points or 12.39% in 10 trading days. After this kind of straight UP move there is bound to be a digestive phase. US politicians as usual are causing some damage to markets with this shutdown based on issues which should not have come to forefront.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2584.06, high 2595.32, low 2588.89
RSI @ 52.32
CMF @ -0.129
Internals were :
UP volume led by 2.99 to 1 in NYSE & 1.93 to 1 in Nasdaq
Advancing stocks led by 2.28 to 1 in NYSE & 1.91 to 1 in Nasdaq
Net new 52 wk highs were leading by 6 in NYSE & 26 in Nasdaq
VIX Down 2.39% @ 19.98
Oil @ $52.36
Gold @ $1292.00
Stocks which were UP 2% or more included MOMO SQ WB
HUYA BZUN SHOP ROKU CGC AMAT LRCX MRVL
YY CHK BABA MU ESTC SINA SU SWKS M PHM
KBH.....
AH news ...VERI UP 23.73%, BBBY UP 16.80%
AH Futures Down
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE continued its bullish run from recent lows to 4 day's in a row. We have moved UP substantially higher from lows, in S&P 500 we are UP 238 points or 10.16% in exactly 10 trading days, in Nasdaq we are UP 766 points or 12.39% in 10 trading days. After this kind of straight UP move there is bound to be a digestive phase. US politicians as usual are causing some damage to markets with this shutdown based on issues which should not have come to forefront.
BLOG does NOT give buy or sell.
Saleem
Indices UP .72% to 1.17%....NICE !!!!
Indices are higher for fourth straight days on clarity from Fed that they will exercise patience in monitoring economy and its strength. China US first round of discussion was extended for 3rd day and was satisfactory to US spokesperson.
S&P 500 @ 2593.39, high 2595.32, low 2568.89
Internals are positive from 2 to 1 to as high as 3 to 1
Oil UP $2.42
Gold UP $6.80
Canadian $ UP 70 tick @ .6798
VIX Down 2.98% @ 19.86
In my portfolio :
Sold BIDU @ $167.30
Added 100% NVDA @ $140.78
Bought WB @ $59.80
Bought IQ @ $17.25
Portfolio FEYE IQ MOMO NVDA SQ WB
Most stocks are UP
@ 2.18 following are red :
AMD NIU TLRY CIEN EXPE TK GOOG OSTK
MCD X......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2593.39, high 2595.32, low 2568.89
Internals are positive from 2 to 1 to as high as 3 to 1
Oil UP $2.42
Gold UP $6.80
Canadian $ UP 70 tick @ .6798
VIX Down 2.98% @ 19.86
In my portfolio :
Sold BIDU @ $167.30
Added 100% NVDA @ $140.78
Bought WB @ $59.80
Bought IQ @ $17.25
Portfolio FEYE IQ MOMO NVDA SQ WB
Most stocks are UP
@ 2.18 following are red :
AMD NIU TLRY CIEN EXPE TK GOOG OSTK
MCD X......
BLOG does NOT give buy or sell.
Saleem
Tuesday, January 8, 2019
Indices closed UP .97% to 1.09%....NICE !!!!
Indices closed UP.
S&P 500 @ 2574.41, high 2579.82, low 2547.56
RSI @ 51.22
CMF @ -0.106
Internals were :
UP volume led by 2.64 to 1 in NYSE & 2.47 to 1 in Nasdaq
Advancing stocks led by 3.36 to 1 in NYSE & 2.16 to 1 in Nasdaq
Net new 52 wk lows were leading by 9 in NYSE & highs by 16 in Nasdaq
VIX Down 4.35% @ 20.47
Oil @ $49.78
Gold @ $1285.90
Stocks which were UP 3% or more included FEYE
MTCH FB TLRY OLED CHK WYNN TRIP
OSTK M.....
AH news....CGC UP 3.85%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE continued its bullish pattern by closing near high of the day. Many stocks are participating in this rally which is a very good sign. Despite Samsung warning and poor earnings, there was hardly any real reaction, most semiconductor stocks closed UP or erased most of the losses.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2574.41, high 2579.82, low 2547.56
RSI @ 51.22
CMF @ -0.106
Internals were :
UP volume led by 2.64 to 1 in NYSE & 2.47 to 1 in Nasdaq
Advancing stocks led by 3.36 to 1 in NYSE & 2.16 to 1 in Nasdaq
Net new 52 wk lows were leading by 9 in NYSE & highs by 16 in Nasdaq
VIX Down 4.35% @ 20.47
Oil @ $49.78
Gold @ $1285.90
Stocks which were UP 3% or more included FEYE
MTCH FB TLRY OLED CHK WYNN TRIP
OSTK M.....
AH news....CGC UP 3.85%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE continued its bullish pattern by closing near high of the day. Many stocks are participating in this rally which is a very good sign. Despite Samsung warning and poor earnings, there was hardly any real reaction, most semiconductor stocks closed UP or erased most of the losses.
BLOG does NOT give buy or sell.
Saleem
Indices UP .78% to 1.02%....NICE !!!!
Indices are higher again after some profit taking. Warning from Samsung only had minor effect in Semiconductor stocks.
S&P 500 @ 2570.39, high 2579.82, low 2547.56
Internals are positive by 2 to 1
Oil UP $1.25
Gold Down $4.10
Canadian $ UP 9 tick @ .6713
VIX Down 4.35% @ 20.47
In my portfolio :
Sold AMD @ $21.15 ( pre-market )
Sold ESTC @ $76.75
Bought BIDU @ $160.70
Portfolio BIDU FEYE MOMO NVDA SQ
Most stocks are UP
@ 2.09 PM Following are red :
NVDA WB MU ROKU GG PRNB AMAT LRCX
QRVO ALDR SPWR SINA TSM .....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2570.39, high 2579.82, low 2547.56
Internals are positive by 2 to 1
Oil UP $1.25
Gold Down $4.10
Canadian $ UP 9 tick @ .6713
VIX Down 4.35% @ 20.47
In my portfolio :
Sold AMD @ $21.15 ( pre-market )
Sold ESTC @ $76.75
Bought BIDU @ $160.70
Portfolio BIDU FEYE MOMO NVDA SQ
Most stocks are UP
@ 2.09 PM Following are red :
NVDA WB MU ROKU GG PRNB AMAT LRCX
QRVO ALDR SPWR SINA TSM .....
BLOG does NOT give buy or sell.
Saleem
Monday, January 7, 2019
Indices closed UP .42% to 1.21%....NICE !!!!
Indices closed UP.
S&P 500 @ 2549.69, high 2566.16, low 2524.56
RSI @ 48.65
CMF @ -0.171
Internals were :
UP volume led by 3.80 to 1 in NYSE & 3.91 to 1 in Nasdaq
Advancing stocks led by 3.69 to 1 in NYSE & 3.05 to 1 in Nasdaq
Net new 52 wk lows were leading by 3 in NYSE & highs by 12 in Nasdaq
VIX UP .09% @ 21.40
Oil @ $48.52
Gold @ $1289.90
Stocks which were UP 4% or more AMD ESTC NVDA SQ
IQ SHOP ROKU LULU SPLK NFLX TSLA CHK TK
RIG JKS TWTR OSTK ULTA CMG.....
AH futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was strong and internals improved, Since making a solid bottom 8 trading days ago, we have been UP 6 days and down 2 days and have made higher highs and higher closing highs, strong technical picture. Whenever markets comes out of serious down fall like we had since start of October, it is tough to believe in any rallies for fear of being trapped.This time we have come UP 203.11 points or 8.66% off lows in S&P 500, in Nasdaq we have come UP 633.30 points or 10.23% off lows and UP 7 out of 8 trading days, sounds very convincing to me.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2549.69, high 2566.16, low 2524.56
RSI @ 48.65
CMF @ -0.171
Internals were :
UP volume led by 3.80 to 1 in NYSE & 3.91 to 1 in Nasdaq
Advancing stocks led by 3.69 to 1 in NYSE & 3.05 to 1 in Nasdaq
Net new 52 wk lows were leading by 3 in NYSE & highs by 12 in Nasdaq
VIX UP .09% @ 21.40
Oil @ $48.52
Gold @ $1289.90
Stocks which were UP 4% or more AMD ESTC NVDA SQ
IQ SHOP ROKU LULU SPLK NFLX TSLA CHK TK
RIG JKS TWTR OSTK ULTA CMG.....
AH futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was strong and internals improved, Since making a solid bottom 8 trading days ago, we have been UP 6 days and down 2 days and have made higher highs and higher closing highs, strong technical picture. Whenever markets comes out of serious down fall like we had since start of October, it is tough to believe in any rallies for fear of being trapped.This time we have come UP 203.11 points or 8.66% off lows in S&P 500, in Nasdaq we have come UP 633.30 points or 10.23% off lows and UP 7 out of 8 trading days, sounds very convincing to me.
BLOG does NOT give buy or sell.
Saleem
Indices UP .65% to 1.45%....NICE !!!!
Indices are higher again after initial hesitation @ open.
S&P 500 @ 2557.15, high 2566.16, low 2524.56
Internals are positive by minimum 3 to 1 to as high as 6 to 1
Oil UP $1.17
Gold UP $4.10
Canadian $ UP 80 tick @ .6708...rapid recovery against US$
VIX Down .28% @ 21.32
In my portfolio ...Bought ESTC @ $70.75
Portfolio AMD ESTC FEYE MOMO NVDA SQ
Most stocks are UP
@ 2.03 PM following are red :
AAPL AEM GG CRUS GOOG ALDR ....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2557.15, high 2566.16, low 2524.56
Internals are positive by minimum 3 to 1 to as high as 6 to 1
Oil UP $1.17
Gold UP $4.10
Canadian $ UP 80 tick @ .6708...rapid recovery against US$
VIX Down .28% @ 21.32
In my portfolio ...Bought ESTC @ $70.75
Portfolio AMD ESTC FEYE MOMO NVDA SQ
Most stocks are UP
@ 2.03 PM following are red :
AAPL AEM GG CRUS GOOG ALDR ....
BLOG does NOT give buy or sell.
Saleem
Subscribe to:
Posts (Atom)