Indices are UP after being down earlier, Middle East was back in news, which caused some selling. Indices are @ high of the day.
S&P 500 @ 2632.78, high 2633.73, low 2624.75
Internals are mostly negative.
Oil Down $1.26
Gold UP $2.50
Canadian $ Down 1.02 cent @ .7212
VIX Down 2.91% @ 11.00
Portfolio BIDU BZUN CTRP MOMO SHOP WB
Most stocks are UP
@ 2.11 following are down :
BZUN CTRP MOMO WB PANW FNSR OLED
OCLR SNAP VRX SWIR CNQ GG UA DNKN
EXPE CHK RIG LNG YELP AGU FNSR
ABX AEM QRVO GG OPK....
BLOG does NOT give buy or sell.
Saleem
Wednesday, December 6, 2017
Tuesday, December 5, 2017
Indices closed down .19% to .45%.....
Indices closed down.
S&P 500 @ 2629.57, low 2627.73, high 2648.72
RSI @ 64.96
CMF @ 0.164
Internals were :
Down volume led by 2.77 to 1 in NYSE & 1.29 to 1 in Nasdaq
Declining stocks led by 1.80 to 1 in NYSE & 1.83 to 1 in Nasdaq
Net new 52 wk highs were leading by 47 in NYSE & 11 in Nasdaq
VIX Down 3.00% @ 11.33
Oil @ $57.62
Gold @ $1264.90
Stocks which were UP 1% or more included BZUN
VRX SQ JD SNAP SPWR FSLR JKS CSIQ MU
TWTR V MA EBAY DATA MCD ULTA
KORS.....
In my portfolio AH....
Sold AMD @ $9.96
Bought WB @ $100.45
AH news....PLAY UP 8.91%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under mild selling after huge run in Dow & S&P 500, pullback was pretty mild in this super strong bull market. Internals were mostly negative. Nasdaq stocks bucked negativity for the most part. Looks like we are ready to rally again and make series of new highs in Nasdaq which was lagging badly.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2629.57, low 2627.73, high 2648.72
RSI @ 64.96
CMF @ 0.164
Internals were :
Down volume led by 2.77 to 1 in NYSE & 1.29 to 1 in Nasdaq
Declining stocks led by 1.80 to 1 in NYSE & 1.83 to 1 in Nasdaq
Net new 52 wk highs were leading by 47 in NYSE & 11 in Nasdaq
VIX Down 3.00% @ 11.33
Oil @ $57.62
Gold @ $1264.90
Stocks which were UP 1% or more included BZUN
VRX SQ JD SNAP SPWR FSLR JKS CSIQ MU
TWTR V MA EBAY DATA MCD ULTA
KORS.....
In my portfolio AH....
Sold AMD @ $9.96
Bought WB @ $100.45
AH news....PLAY UP 8.91%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under mild selling after huge run in Dow & S&P 500, pullback was pretty mild in this super strong bull market. Internals were mostly negative. Nasdaq stocks bucked negativity for the most part. Looks like we are ready to rally again and make series of new highs in Nasdaq which was lagging badly.
BLOG does NOT give buy or sell.
Saleem
Indices mixed.....
Indices are mixed as Nasdaq recovers from brutal 3 day selling.
S&P 500 @ 2639.82, high 2648.72, low 2637.53
Internals are mostly negative.
Oil UP 22 cents
Gold Down $12.70
Canadian $ Down 29 tick @ .7303
VIX Down 6.68% @ 10.90
Portfolio AMD BIDU BZUN CTRP MOMO SHOP
Most stocks are UP
@ 2.01 following are red :
MOMO SHOP LULU NTES TECK FCX UA ABX KGC
COH LEN EXPE FNSR WB LNG GS TRIP MLNX
ORCL MS AEM GG M CNX.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2639.82, high 2648.72, low 2637.53
Internals are mostly negative.
Oil UP 22 cents
Gold Down $12.70
Canadian $ Down 29 tick @ .7303
VIX Down 6.68% @ 10.90
Portfolio AMD BIDU BZUN CTRP MOMO SHOP
Most stocks are UP
@ 2.01 following are red :
MOMO SHOP LULU NTES TECK FCX UA ABX KGC
COH LEN EXPE FNSR WB LNG GS TRIP MLNX
ORCL MS AEM GG M CNX.....
BLOG does NOT give buy or sell.
Saleem
Monday, December 4, 2017
Indices closed mixed.....
Indices closed mixed.
S&P 500 @ 2639.44, low 2639.03, high 2665.19
RSI @ 71.25
CMF @ 0.230
Internals were :
UP volume led by 1.45 to 1 in NYSE & .69 to 1 in Nasdaq
Advancing stocks led by 1.04 to 1 in NYSE & .79 to 1 in Nasdaq
Net new 52 wk highs were leading by 272 in NYSE & 255 in Nasdaq
VIX UP 2.19% @ 11.68
Oil @ $57.47
Gold @ 1277.70
AH news....ASNA Down 19.92%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong right out of the gate to celebrate passage of senate tax reform bill, Dow & S&P 500 went to a new all time high. Nasdaq was the big loser as money keeps flowing out of technology into financials & retail. By close all indices were @ low of the day, internals were mixed. I do not believe that this is a major change in direction but reshuffling of portfolios, which has played out already. Nasdaq should be back on winning track as of Tuesday close.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2639.44, low 2639.03, high 2665.19
RSI @ 71.25
CMF @ 0.230
Internals were :
UP volume led by 1.45 to 1 in NYSE & .69 to 1 in Nasdaq
Advancing stocks led by 1.04 to 1 in NYSE & .79 to 1 in Nasdaq
Net new 52 wk highs were leading by 272 in NYSE & 255 in Nasdaq
VIX UP 2.19% @ 11.68
Oil @ $57.47
Gold @ 1277.70
AH news....ASNA Down 19.92%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong right out of the gate to celebrate passage of senate tax reform bill, Dow & S&P 500 went to a new all time high. Nasdaq was the big loser as money keeps flowing out of technology into financials & retail. By close all indices were @ low of the day, internals were mixed. I do not believe that this is a major change in direction but reshuffling of portfolios, which has played out already. Nasdaq should be back on winning track as of Tuesday close.
BLOG does NOT give buy or sell.
Saleem
Indices mixed......
Indices are mixed despite tax passage in congress. Dow & S&P 500 are in new all time high mode, while Nasdaq is in red.
S&P 500 @ 2656.67, high 2665.19, low 2651.07
Internals are mostly positive except volume in Nasdaq is slightly negative...not a bad picture considering there is a flight from Nasdaq...
Oil Down 93 cents
Gold Down $5.10
Canadian $ Down 12 tick @ .7307
VIX Down 10.06% @ 10.28
Portfolio AMD BIDU BZUN CTRP MOMO SHOP
Most stocks are down
@ 2.04 following are green :
BZUN CTRP MOMO TSLA VRX PANW AAPL LULU
NTES OCLR GE BAC TECK FCX UA LVS SBUX
LEN SINA DNKN EXPE EBAY YUM FFIV
PCLN GS TRIP MS ULTA KORS NKE
CMG AAL X PANW M CNX.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2656.67, high 2665.19, low 2651.07
Internals are mostly positive except volume in Nasdaq is slightly negative...not a bad picture considering there is a flight from Nasdaq...
Oil Down 93 cents
Gold Down $5.10
Canadian $ Down 12 tick @ .7307
VIX Down 10.06% @ 10.28
Portfolio AMD BIDU BZUN CTRP MOMO SHOP
Most stocks are down
@ 2.04 following are green :
BZUN CTRP MOMO TSLA VRX PANW AAPL LULU
NTES OCLR GE BAC TECK FCX UA LVS SBUX
LEN SINA DNKN EXPE EBAY YUM FFIV
PCLN GS TRIP MS ULTA KORS NKE
CMG AAL X PANW M CNX.....
BLOG does NOT give buy or sell.
Saleem
Sunday, December 3, 2017
Strong rally on Monday.....
Tax bill is passed, that leaves no real issue facing this TAPE.
Expecting a strong rally on Monday.....
This TAPE has split personality, some sector are super strong while majority of sectors are in deep deep slump......
Here is a small sample of what i am talking about, as reflected in RSI :
Dow 77.51
S&P 500 73.11
Nasdaq 52.75
MS 71.64
BAC 69.66
GS 67.95
RUT 65.95
XLE 63.26
AMZN 61.83
CRM 49.60
TAN 48.56
SHOP 47.36
PANW 46.54
GOOG 45.71
FB 43.03
TSLA 41.18
NFLX 39.13
BABA 37.11
As you can clearly see, that there is lot of bargain around in this TAPE. Do your own research and see where your money may find a home.
Market has been choppy, although, we seems to be making new all time highs in major indices, but it is NOT reflected in prices of most stocks.
We seems to be getting another shot @ increasing our return for year end.
Good luck with your picks!
BLOG does NOT give buy or sell.
Saleem
Expecting a strong rally on Monday.....
This TAPE has split personality, some sector are super strong while majority of sectors are in deep deep slump......
Here is a small sample of what i am talking about, as reflected in RSI :
Dow 77.51
S&P 500 73.11
Nasdaq 52.75
MS 71.64
BAC 69.66
GS 67.95
RUT 65.95
XLE 63.26
AMZN 61.83
CRM 49.60
TAN 48.56
SHOP 47.36
PANW 46.54
GOOG 45.71
FB 43.03
TSLA 41.18
NFLX 39.13
BABA 37.11
As you can clearly see, that there is lot of bargain around in this TAPE. Do your own research and see where your money may find a home.
Market has been choppy, although, we seems to be making new all time highs in major indices, but it is NOT reflected in prices of most stocks.
We seems to be getting another shot @ increasing our return for year end.
Good luck with your picks!
BLOG does NOT give buy or sell.
Saleem
Friday, December 1, 2017
Indices closed down .17% to .38%......
Indices closed down but well of lows of the day, Dow went down 350 points on FBI charges to former key aide to President Trump. Tax passage hope erased most of the losses by close.
S&P 500 @ 2642.22, low 2605.52, high 2650.62
RSI @ 73.11
CMF @ 0.343
Internals were :
UP volume led by 1.33 to 1 in NYSE & .75 to 1 in Nasdaq
Advancing stocks led by 1.04 to 1 in NYSE & .65 to 1 in Nasdaq
Net new 52 wk highs were leading by 119 in NYSE & 58 in Nasdaq
VIX UP 1.33% @ 11.43
Oil @ $58.36
Gold @ $1282.30
Canadian $ @ .7294 UP 1.79 cent against US$....huge rally in Canadian $ as Canada created 80,000 new jobs, unemployment went down to lowest level in last 10 years.
Stocks which closed green included CTRP
VRX LULU SNAP TWTR CNQ SU FCX
TECK LVS ABX EXPE EBAY RIG LNG
WYNN GS MS MLNX MGA ORCL
MCD MSFT CMG X M CNX....
Here is my portfolio weighting :
BIDU 27.31%
AMD 24.93%
SHOP 16.80%
CTRP 16.15%
BZUN 9.56%
MOMO 5.25%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2642.22, low 2605.52, high 2650.62
RSI @ 73.11
CMF @ 0.343
Internals were :
UP volume led by 1.33 to 1 in NYSE & .75 to 1 in Nasdaq
Advancing stocks led by 1.04 to 1 in NYSE & .65 to 1 in Nasdaq
Net new 52 wk highs were leading by 119 in NYSE & 58 in Nasdaq
VIX UP 1.33% @ 11.43
Oil @ $58.36
Gold @ $1282.30
Canadian $ @ .7294 UP 1.79 cent against US$....huge rally in Canadian $ as Canada created 80,000 new jobs, unemployment went down to lowest level in last 10 years.
Stocks which closed green included CTRP
VRX LULU SNAP TWTR CNQ SU FCX
TECK LVS ABX EXPE EBAY RIG LNG
WYNN GS MS MLNX MGA ORCL
MCD MSFT CMG X M CNX....
Here is my portfolio weighting :
BIDU 27.31%
AMD 24.93%
SHOP 16.80%
CTRP 16.15%
BZUN 9.56%
MOMO 5.25%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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