TAPE was under selling pressure from Europe to USA, indices closed near low of the day. Quad witching played a major role in this slump.
S&P 500 @ 1958.07, low 1953.45, high 1989.66
RSI @ 44.89
CMF @ -0.083
Internals were :
Down volume led by 6.17 to 1 in NYSE & 4.00 to 1 in Nasdaq
Declining stocks led by 2.31 to 1 in NYSE & 1.72 to 1 in Nasdaq
Net new 52 wk lows were leading by 93 in NYSE & 15 in Nasdaq
VIX UP 5.39% @ 22.28
Oil @ $44.68
Gold @ $1137.80
Canadian $ @67.67
In my portfolio :
Sold FIT @ $41.90
Bought BIDU @ $144.99
Stocks which closed green included FB VDSI FIT
FEYE YY LNKD TWTR AMZN SINA AEM
Z......
Here is my weighting :
FB 23.62%
LULU 18.54%
BIDU 14.28%
NXPI 13.53%
VDSI 8.39%
RAD 8.08%
CNQ 7.68%
TSL 5.88%
Exposure 309%
Next post by 2 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
Friday, September 18, 2015
Thursday, September 17, 2015
Indices closed mixed......
Indices closed mixed.
S&P 500 @ 1990.20, low 1986.73, high 2020.86
RSI @ 49.92
CMF @ -0.080
Internals were :
UP volume led by .88 to 1 in NYSE & 1.07 to 1 in Nasdaq
Advancing stocks led by 1.55 to 1 in NYSE & 1.20 to 1 in Nasdaq
Net new 52 wk highs were leading by 18 in NYSE & 32 in Nasdaq
VIX Down .98% @ 21.14
Oil @ $46.90
Gold @ $1117.00
Stocks which closed green included FB FIT VDSI
AMBA FEYE GOOGL SWIR GPRO LEN JKS
CSIQ AMZN EXPE SU MA HIMX LSCC
QIHU AAL ABX SLW GG AEM Z......
AH ER..ADBE Down 2.03%, TXN UP 1.18%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, Fed action surprised majority of predictors, most were positioned for an increase and were positioned for a market slump, High Frequency traders even wrong, but had the muscle to bring the market in their direction, thus a mixed close. Tonight IBD is changing its market outlook to "uptrend under pressure". I expect TAPE to be positive by close on Friday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1990.20, low 1986.73, high 2020.86
RSI @ 49.92
CMF @ -0.080
Internals were :
UP volume led by .88 to 1 in NYSE & 1.07 to 1 in Nasdaq
Advancing stocks led by 1.55 to 1 in NYSE & 1.20 to 1 in Nasdaq
Net new 52 wk highs were leading by 18 in NYSE & 32 in Nasdaq
VIX Down .98% @ 21.14
Oil @ $46.90
Gold @ $1117.00
Stocks which closed green included FB FIT VDSI
AMBA FEYE GOOGL SWIR GPRO LEN JKS
CSIQ AMZN EXPE SU MA HIMX LSCC
QIHU AAL ABX SLW GG AEM Z......
AH ER..ADBE Down 2.03%, TXN UP 1.18%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, Fed action surprised majority of predictors, most were positioned for an increase and were positioned for a market slump, High Frequency traders even wrong, but had the muscle to bring the market in their direction, thus a mixed close. Tonight IBD is changing its market outlook to "uptrend under pressure". I expect TAPE to be positive by close on Friday.
BLOG does NOT give buy or sell.
Saleem
Indices UP .08% to .47%.....NICE !!!!
Indices are UP on Fed decision to leave interest rate unchanged.
S&P 500 @ 2002.64, high 2008.33, low 1987.99
Internals are positive
Oil Down 21 cents
Gold UP $9.10
Canadian $ UP 55 tick @ 68.87
VIX Down 8.76% @ 19.48
In my portfolio :
Added 300% CNQ @ $20.96
Portfolio CNQ FB FIT LULU NXPI RAD TSL VDSI
Most stocks are UP.
RAD ER was a miss and guide down.
@ 2.38 following are red :
LULU RAD YY YHOO BIDU AAPL BABA TWTR
MU LVS SINA EBAY FFIV YELP FSLR YNDX
CRUS SNDK FNSR C M GMCR SPLK MCD
CCJ DATA MS WYNN GS AGU.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2002.64, high 2008.33, low 1987.99
Internals are positive
Oil Down 21 cents
Gold UP $9.10
Canadian $ UP 55 tick @ 68.87
VIX Down 8.76% @ 19.48
In my portfolio :
Added 300% CNQ @ $20.96
Portfolio CNQ FB FIT LULU NXPI RAD TSL VDSI
Most stocks are UP.
RAD ER was a miss and guide down.
@ 2.38 following are red :
LULU RAD YY YHOO BIDU AAPL BABA TWTR
MU LVS SINA EBAY FFIV YELP FSLR YNDX
CRUS SNDK FNSR C M GMCR SPLK MCD
CCJ DATA MS WYNN GS AGU.....
BLOG does NOT give buy or sell.
Saleem
Wednesday, September 16, 2015
Indices closed UP .59% to .87%....NICE !!!!
Indices closed UP.
S&P 500 @ 1995.31, high 1997.26, low 1977.93
RSI @ 50.76
CMF @ -0.053
Internals were :
UP volume led by 9.24 to 1 in NYSE & 2.87 to 1 in Nasdaq
Advancing stocks led by 3.34 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new 52 wk lows were leading by 18 in NYSE & 1 in Nasdaq
VIX Down 5.28% @ 21.35
Oil @ $47.15
Gold @ $1119.00
Stocks which were UP 2% + CNQ FIT LULU TSL
NFLX YY BIDU TSLA BABA SWIR TWTR
LVS WYNN GPRO JKS CSIQ FSLR SU
SPWR SINA EXPE EBAY YNDX
HIMX FNSR QIHU GMCR
ABX SLW GG AEM
MGA......
AH ER..ORCL Down 1.38%
AH futures Down
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE continued its strong run by closing UP again and near high of the day. 2.15 PM we will get verdict of yes or no on interest rate going up. Many pundits are predicting that only interest rate will go up but we will see a sharp retracement in indices lasting several days, i wish i could buy into that reliable crystal ball. IF Fed increases rate by anticipated .25%, there will be usual yoyo movement after announcement, but by close or maximum Friday open upon rethink, we should be back on track for further move up in indices.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1995.31, high 1997.26, low 1977.93
RSI @ 50.76
CMF @ -0.053
Internals were :
UP volume led by 9.24 to 1 in NYSE & 2.87 to 1 in Nasdaq
Advancing stocks led by 3.34 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new 52 wk lows were leading by 18 in NYSE & 1 in Nasdaq
VIX Down 5.28% @ 21.35
Oil @ $47.15
Gold @ $1119.00
Stocks which were UP 2% + CNQ FIT LULU TSL
NFLX YY BIDU TSLA BABA SWIR TWTR
LVS WYNN GPRO JKS CSIQ FSLR SU
SPWR SINA EXPE EBAY YNDX
HIMX FNSR QIHU GMCR
ABX SLW GG AEM
MGA......
AH ER..ORCL Down 1.38%
AH futures Down
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE continued its strong run by closing UP again and near high of the day. 2.15 PM we will get verdict of yes or no on interest rate going up. Many pundits are predicting that only interest rate will go up but we will see a sharp retracement in indices lasting several days, i wish i could buy into that reliable crystal ball. IF Fed increases rate by anticipated .25%, there will be usual yoyo movement after announcement, but by close or maximum Friday open upon rethink, we should be back on track for further move up in indices.
BLOG does NOT give buy or sell.
Saleem
Indices UP .25% to .56%....NICE !!!!
Indices are higher as world markets closed higher.
S&P 500 @ 1988.05, high 1993.99, low 1977.93
Internals are positive
Oil UP $2.32
Gold UP $17.40
Canadian $ UP 68 tick @ 68.22
VIX Down 1.77% @ 22.14
Portfolio CNQ FB FIT LULU NXPI RAD TSL VDSI
RAD reports before open on Thursday, here are the expectations :
Q2 Sales $7.57 billion, EPS 4 cents
Q3 guidance $8.21 billion, EPS 7 cents
I am expecting in-line result and guidance may be tinkered lower.....
Most stocks are UP
@ 2.23 following are red :
NXPI VDSI AMBA FEYE PCLN GOOGL AAPL TWTR
MU LEN CMG CRUS SNDK SPLK DATA CSOD
BRCM Z TRIP.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1988.05, high 1993.99, low 1977.93
Internals are positive
Oil UP $2.32
Gold UP $17.40
Canadian $ UP 68 tick @ 68.22
VIX Down 1.77% @ 22.14
Portfolio CNQ FB FIT LULU NXPI RAD TSL VDSI
RAD reports before open on Thursday, here are the expectations :
Q2 Sales $7.57 billion, EPS 4 cents
Q3 guidance $8.21 billion, EPS 7 cents
I am expecting in-line result and guidance may be tinkered lower.....
Most stocks are UP
@ 2.23 following are red :
NXPI VDSI AMBA FEYE PCLN GOOGL AAPL TWTR
MU LEN CMG CRUS SNDK SPLK DATA CSOD
BRCM Z TRIP.....
BLOG does NOT give buy or sell.
Saleem
Tuesday, September 15, 2015
Indices closed UP 1.14% to 1.40%....NICE !!!!
Indices closed UP.
S&P 500 @ 1978.09, high 1983.19, low 1954.30
RSI @ 48.03%
CMF @ -0.100
Internals were :
UP volume led by 4.56 to 1 in NYSE & 4.12 to 1 in Nasdaq
Advancing stocks led by 2.30 to 1 in NYSE & 2.23 to 1 in Nasdaq
Net new 52 wk lows were leading by 61 in NYSE & 26 in Nasdaq
Oil @ $44.59
Gold @ $1102.60
Stocks which were UP 1% or more included FIT TSL VDSI
NFLX AMBA YHOO PCLN GOOGL BABA SWIR LVS
TWTR COH GPRO JKS CSIQ EXPE YUM MA SPWR
YNDX HIMX CIEN C SBUX MCD SLW CCJ MS
CSOD MGA BRCM Z WYNN AGU TRIP
YELP MLNX.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong today with internals improving. TAPE is still in hedge funds game plan which changes daily, tomorrow may be different TAPE. Keep an eye on your own portfolio to assess their strength or weakness. There is rotation going on even in this sloppy TAPE. Wednesday may be another anticipate the Fed decision on Thursday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1978.09, high 1983.19, low 1954.30
RSI @ 48.03%
CMF @ -0.100
Internals were :
UP volume led by 4.56 to 1 in NYSE & 4.12 to 1 in Nasdaq
Advancing stocks led by 2.30 to 1 in NYSE & 2.23 to 1 in Nasdaq
Net new 52 wk lows were leading by 61 in NYSE & 26 in Nasdaq
Oil @ $44.59
Gold @ $1102.60
Stocks which were UP 1% or more included FIT TSL VDSI
NFLX AMBA YHOO PCLN GOOGL BABA SWIR LVS
TWTR COH GPRO JKS CSIQ EXPE YUM MA SPWR
YNDX HIMX CIEN C SBUX MCD SLW CCJ MS
CSOD MGA BRCM Z WYNN AGU TRIP
YELP MLNX.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong today with internals improving. TAPE is still in hedge funds game plan which changes daily, tomorrow may be different TAPE. Keep an eye on your own portfolio to assess their strength or weakness. There is rotation going on even in this sloppy TAPE. Wednesday may be another anticipate the Fed decision on Thursday.
BLOG does NOT give buy or sell.
Saleem
Indices UP 1.09% to 1.35%....NICE !!!!
Shanghai closed down 3.55% and we are nicely UP.
S&P 500 @ 1977.66, high 1979.70, low 1954.30
Internals are positive by 2 to 1
Oil UP 26 cents
Gold Down $4.20
Canadian $ UP 2 tick @ 67.41
VIX Down 6.19% @ 22.75
Portfolio CNQ FB FIT LULU NXPI RAD TSL VDSI
Most stocks are UP
@ 2.27 following are red :
LULU FEYE BIDU MU LEN DNKN SU CRUS
LSCC QIHU M GMCR SPLK DATA......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1977.66, high 1979.70, low 1954.30
Internals are positive by 2 to 1
Oil UP 26 cents
Gold Down $4.20
Canadian $ UP 2 tick @ 67.41
VIX Down 6.19% @ 22.75
Portfolio CNQ FB FIT LULU NXPI RAD TSL VDSI
Most stocks are UP
@ 2.27 following are red :
LULU FEYE BIDU MU LEN DNKN SU CRUS
LSCC QIHU M GMCR SPLK DATA......
BLOG does NOT give buy or sell.
Saleem
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