Thursday, November 7, 2019

Indices UP .27% to .66%....NICE !!!!

Indices closed UP.

S&P 500 @ 3085.18, high 3097.77, low 3080.23

RSI @ 68.92

CMF @ 0.078

Internals were :

UP volume led by 1.29 to 1 in NYSE & 1.15 to 1 in Nasdaq

Advancing stocks led by .94 to 1 in NYSE & 1.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 314 in NYSE & 124 in Nasdaq

VIX UP .87% @ 12.73

Oil @ $57.15

Gold @ $1466.40

Stocks which were UP 1% or more included CIEN SQ
XLNX JKS BZUN BIDU MOMO IQ HUYA TSLA 
MU LULU WB MTCH FEYE NIU AAPL VICR
BABA GOOG YY RIG LNG WYNN LVS GS
MA SINA SU NKE X M CNX.....

AH news....TRUE UP 26.03%, FSLY UP 20.61%

                   Z UP 11.99%, YELP UP 10.56%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE got a boost from reports of easing of tariff between USA & CHINA. Indices lost some of the gains by close. Many good reports are helping this this market in making series of new highs including today for DOW. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell

Saleem

Indices UP .46% to .84%...NICE !!!!

Indices are higher on trade news that US & CHINA are finally on the same page in removing current tariff against each other products.

S&P 500 @ 3091.77, high 3097.77, low 3087.02

Internals are positive

Oil UP $1.22

Gold Down $26.00

Canadian $ UP 3 tick @ .6823

VIX Down .48% @ 12.56

Portfolio AMD CIEN LSCC SPWR SQ TWTR

Most stocks are green.

@ 2.05 PM following are red :

SPWR TWTR MCD TWLO NEM AEM GLD
SHOP ROKU PHM FSLR CGC CRON
TLRY PRNB EXPE TK TRIP YELP
OSTK KBH CMG .....

BLOG does NOT give buy or sell.

Saleem

Wednesday, November 6, 2019

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 3076.78, high 3078.34, low 3065.89

RSI @ 67.45

CMF @ 0.117

Internals were :

Down volume led by 1.44 to 1 in NYSE & 1.28 to 1 in Nasdaq

Declining stocks led by 1.21 to 1 in NYSE & 1.76 to 1 in Nasdaq

Net new 52 wk highs were leading by 126 in NYSE & 16 in Nasdaq

VIX Down 3.66% @ 12.62

Oil @ $56.35

Gold @ $1493.10

AH news....FOSL Down 26.75%, ROKU Down 14.99%

                  SAIL UP 10.72%, QCOM UP 5.02%

SQ Q3 earnings report was a beat in Sales & EPS

Sales actual $602.22 millions vs expected $596.85

EPS Actual 25 cents vs expected 20 cents

Conference call was very upbeat and talked about many new initiatives which they will give details on Analysts day. SQ was UP 1.37% in AH.....

About market, TAPE was mixed with Nasdaq taking a day off which was well deserved, Tonight earnings reports are mostly above estimates which should help Nasdaq get out of snooze mode.

BLOG does NOT give buy or sell.

Saleem

Indices mixed.....

Indices were zig zagging whole day due to profit taking and usual confusion with USA & CHINA trade negotiation status. Nasdaq is the laggard today.

S&P 500 @ 3076.26, high 3078.34, low 3065.89

Internals are negative

Oil Down 81 cents

Gold UP $8.00

Canadian $ Down 27 tick @ .6819

VIX Down .76% @ 13.00

In my portfolio...Bought AMD @ $35.80

Portfolio AMD CIEN LSCC SPWR SQ TWTR

Most stocks are down

@ 2.05 PM following are green :

SPWR SQ MCD TWLO TSLA LYFT LULU ROKU
CRON TLRY CTRP FFIV BABA OSTK ....

PS...SQ is reporting after close.....

BLOG does NOT give buy or sell.

Saleem

Tuesday, November 5, 2019

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 3074.62, low 3072.15, high 3083.95

RSI @ 67.09

CMF @ 0.084

Internals were :

UP volume 1.06 to 1 in NYSE & 1.12 to 1 in Nasdaq

Advancing stocks led by .88 to 1 in NYSE & 1.10 to 1 in Nasdaq

Net new 52 wk highs were leading by 324 in NYSE & 185 in Nasdaq

VIX UP 2.10% @ 13.10

Oil @ $57.23

Gold @ $1483.70

AH news....MTCH Down 15.57%, SWIR Down 14.01%

                   FIVN UP 9.13%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE went into Intraday all time highs in S&P 500 and closing all time highs in DOW & Nasdaq. By close we were near lows of the day due to profit taking after setting record back to back. Any pullback is a good chance to get back in strong stocks as they will go on to make series of new highs.

BLOG does NOT give buy or sell.

Saleem

Indices UP .02% to .31%...NICE!!!!

Indices are in green on news of Chinese tariff being removed to get broader trade agreement with USA.

S&P 500 @ 3078.28, high 3083.95, low 3072.15

Internals are mixed

Oil UP 66 cents

Gold Down $29.60

Canadian $ Down 6 tick @ .6845

VIX UP .94% @ 12.95

In my portfolio... 

Sold AMD @ $36.85

Bought SQ @ $60.00

Portfolio CIEN LSCC SPWR SQ TWTR

Most stocks are lower

@ 2.07 PM following are green :

CIEN SPWR AMD BYND MCD MRVL AAL SPLK
FSLR CRON TLRY BABA YY FEYE ULTA M.....

SQ reports before open, here are expectations :

Sales Q 3 $596.38 million, EPS 20 cents

Guidance Sales Q 4 $621.24 million, EPS 25 cents

Expecting a beat in Sales & EPS....

BLOG does NOT give buy or sell.

Saleem



Monday, November 4, 2019

Indices closed UP .37% to .56%...NICE !!!!

Indices closed UP.

S&P 500 @ 3078.27, high 3085.20, low 3074.87

RSI @ 68.28

CMF @ 0.071

Internals were :

UP volume led by 2.15 to 1 in NYSE & 2.09 to 1 in Nasdaq

Advancing stocks led by 1.69 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 405 in NYSE & 203 in Nasdaq

VIX UP 4.31% @ 12.83

Oil @ $56.54

Gold @ $1511.10

Stocks which were UP 2% or more included AMD LSCC
TSM XLNX BZUN BIDU HUYA NVDA MU WB
TLRY NFLX QRVO YY RIG WYNN MGA 
MS SINA.....

AH news....ADBE UP 4.25%, SNCR Down 15.87%

                   VECO Down 11.72%, UBER Down 5.50%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was in all time high territory in all key Indices, DOW, S&P 500, Nasdaq and SOX all made a new all time high. Internals were all positive, net new 52 wk highs were expanding to 400+. Tuesday we should continue in more new all time highs.

BLOG does NOT give buy or sell.

Saleem