Indices closed UP on optimism of tax reform which has passed after close. S&P 500, Dow & Nasdaq all closed @ new all time high.
S&P 500 @ 2675.81, high 2679.63, low 2659.14
RSI @ 72.86
CMF @ 0.007
Internals were :
UP volume led by 3.34 to 1 in NYSE & 2.62 to 1 in Nasdaq
Advancing stocks led by 2.25 to 1 in NYSE & 2.31 to 1 in Nasdaq
Net new 52 wk highs were leading by 93 in NYSE & 82 in Nasdaq
VIX Down 10.20% @ 9.42
Oil @ $57.30
Gold @ $1257.50
Canadian $ @ .7153
Stocks which were UP 1% or more included BZUN CTRP SHOP
TSLA BABA AAPL NVDA AMD GE FB LULU SPWR BAC
TECK GOOG FCX UA JKS MSFT SINA DNKN EBAY TK
FEYE FSLR.......
Here is my portfolio weighting :
BIDU 28.60%
SHOP 18.10%
CTRP 16.20%
BZUN 11.80%
WB 10.10%
SQ 9.10%
MOMO 6.10%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Friday, December 15, 2017
Thursday, December 14, 2017
Indices closed down .28% to .41%.....
Indices closed down.
S&P 500 @ 2652.01, low 2652.01, high 2668.09
RSI @ 66.24
CMF @ -0.021
Internals were :
Down volume led by 2.67 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 1.90 to 1 in NYSE & 2.25 to 1 in Nasdaq
Net new 52 wk highs were leading by 40 in NYSE & 21 in Nasdaq
VIX UP 3.05% @ 10.49
Oil @ $57.04
Gold @ $1257.10
AH ER....ORCL Down 6.63%
AH Futures Mixed
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE was weak due to overbought conditions, money flow getting negative and tax politicking which has put a temporary hold on reform. Indices closed @ low of the day. I do not believe that this negativity is bad, it is actually healthy to get technicals back in order. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2652.01, low 2652.01, high 2668.09
RSI @ 66.24
CMF @ -0.021
Internals were :
Down volume led by 2.67 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 1.90 to 1 in NYSE & 2.25 to 1 in Nasdaq
Net new 52 wk highs were leading by 40 in NYSE & 21 in Nasdaq
VIX UP 3.05% @ 10.49
Oil @ $57.04
Gold @ $1257.10
AH ER....ORCL Down 6.63%
AH Futures Mixed
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE was weak due to overbought conditions, money flow getting negative and tax politicking which has put a temporary hold on reform. Indices closed @ low of the day. I do not believe that this negativity is bad, it is actually healthy to get technicals back in order. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
Indices down .06% to .16%.......
Indices are lower on overbought conditions and exiting money flow.
S&P 500 @ 2658.40, low 2657.10, high 2668.09
Internals are negative.
Oil UP 31 cents
Gold UP $8.20
Canadian $ UP 72 tick .7259
VIX Down .20% @ 10.16
In my portfolio added 70% SQ @ $37.34
Portfolio BIDU BZUN CTRP MOMO SHOP SQ WB
Most stocks are down
@ 2.13 following are green :
MOMO SHOP SQ TSLA NVDA NFLX FB OLED
SNAP LULU SPWR MU TWTR GOOG AMZN
ABX EXPE PCLN TK FEYE LNG MA ORCL
SINA SPLK ULTA NKE PANW LRCX....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2658.40, low 2657.10, high 2668.09
Internals are negative.
Oil UP 31 cents
Gold UP $8.20
Canadian $ UP 72 tick .7259
VIX Down .20% @ 10.16
In my portfolio added 70% SQ @ $37.34
Portfolio BIDU BZUN CTRP MOMO SHOP SQ WB
Most stocks are down
@ 2.13 following are green :
MOMO SHOP SQ TSLA NVDA NFLX FB OLED
SNAP LULU SPWR MU TWTR GOOG AMZN
ABX EXPE PCLN TK FEYE LNG MA ORCL
SINA SPLK ULTA NKE PANW LRCX....
BLOG does NOT give buy or sell.
Saleem
Wednesday, December 13, 2017
Indices closed mixed......
Indices closed mixed.
S&P 500 @ 2662.85, low 2662.85, high 2671.88
RSI @ 73.85
CMF @ 0.024
Internals were :
UP volume led by .95 to 1 in NYSE & 1.63 to 1 in Nasdaq
Advancing stocks led by 1.27 to 1 in NYSE & 1.61 to 1 in Nasdaq
Net new 52 wk highs were leading by 119 in NYSE & 53 in Nasdaq
VIX UP 2.62% @ 10.18
Oil @ $56.60
Gold @ $1248.60
Stocks which were UP 1% or more included BZUN SHOP WB
BABA AMD NFLX JD NTES GG ABX KGC AEM TECK
FCX LVS WYNN SINA PCLN FNSR LNG YELP MCD
MLNX NKE......
AH news...FEYE Down 3.08%, PIR Down 23.97%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE wanted to celebrate Fed decision to raise interest rate by .25% and agreement on 21% corporate tax, but overbought conditions and sell the news took a toll on S&P 500 which ended @ low of the day and red. Dow closed @ new all time high and S&P 500 made a new intraday high. CMF is giving warning sign that money is exiting all major indices and barely positive.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2662.85, low 2662.85, high 2671.88
RSI @ 73.85
CMF @ 0.024
Internals were :
UP volume led by .95 to 1 in NYSE & 1.63 to 1 in Nasdaq
Advancing stocks led by 1.27 to 1 in NYSE & 1.61 to 1 in Nasdaq
Net new 52 wk highs were leading by 119 in NYSE & 53 in Nasdaq
VIX UP 2.62% @ 10.18
Oil @ $56.60
Gold @ $1248.60
Stocks which were UP 1% or more included BZUN SHOP WB
BABA AMD NFLX JD NTES GG ABX KGC AEM TECK
FCX LVS WYNN SINA PCLN FNSR LNG YELP MCD
MLNX NKE......
AH news...FEYE Down 3.08%, PIR Down 23.97%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE wanted to celebrate Fed decision to raise interest rate by .25% and agreement on 21% corporate tax, but overbought conditions and sell the news took a toll on S&P 500 which ended @ low of the day and red. Dow closed @ new all time high and S&P 500 made a new intraday high. CMF is giving warning sign that money is exiting all major indices and barely positive.
BLOG does NOT give buy or sell.
Saleem
Indices UP .17% to .49%....NICE !!!!
Indices are UP as Federal Reserve raises interest rates by .25%.
S&P 500 @ 2668.88, high 2671.88, low 2664.42
Internals are positive
Oil Down 29 cents
Gold UP $9.00
Canadian $ UP by 9 tick @ .7149
VIX Down .40% @ 9.88
In my portfolio Bought SQ @ $38.03
Portfolio BIDU BZUN CTRP MOMO SHOP SQ WB
Most stocks are UP
@ 2.18 following are down :
SQ TSLA NVDA GE SNAP LULU SPWR TWTR CNQ
BAC AMZN MA JKS COH QRVO CSIQ SU FFIV
RIG MA ORCL MS CRUS SWKS FSLR AAL
CNX.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2668.88, high 2671.88, low 2664.42
Internals are positive
Oil Down 29 cents
Gold UP $9.00
Canadian $ UP by 9 tick @ .7149
VIX Down .40% @ 9.88
In my portfolio Bought SQ @ $38.03
Portfolio BIDU BZUN CTRP MOMO SHOP SQ WB
Most stocks are UP
@ 2.18 following are down :
SQ TSLA NVDA GE SNAP LULU SPWR TWTR CNQ
BAC AMZN MA JKS COH QRVO CSIQ SU FFIV
RIG MA ORCL MS CRUS SWKS FSLR AAL
CNX.....
BLOG does NOT give buy or sell.
Saleem
Tuesday, December 12, 2017
Indices closed mixed......
Indices closed mixed.
S&P 500 @ 2664.11, high 2669.72, low 2659.78
RSI @ 74.78
CMF @ 0.119
Internals were :
Down volume led by .76 to 1 in NYSE & 1.26 to 1 in Nasdaq
Declining stocks led by 1.18 to 1 in NYSE & 1.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 99 in NYSE & 42 in Nasdaq
VIX UP 6.21% @ 9.92
Oil @ $57.14
Gold @ $1241.70
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP.
About market, TAPE was mixed with Nasdaq closing lower, S&P 500 & Dow closed @ new all time high. Internals were mostly negative. Wednesday @ 2 PM is all about Fed announcement, it is going to raise interest rates, it will be greeted with positive move in markets. Financials continue to benefit from upcoming higher rate environment, as profitability soars for financials. Tax reform will come to fruition soon.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2664.11, high 2669.72, low 2659.78
RSI @ 74.78
CMF @ 0.119
Internals were :
Down volume led by .76 to 1 in NYSE & 1.26 to 1 in Nasdaq
Declining stocks led by 1.18 to 1 in NYSE & 1.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 99 in NYSE & 42 in Nasdaq
VIX UP 6.21% @ 9.92
Oil @ $57.14
Gold @ $1241.70
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP.
About market, TAPE was mixed with Nasdaq closing lower, S&P 500 & Dow closed @ new all time high. Internals were mostly negative. Wednesday @ 2 PM is all about Fed announcement, it is going to raise interest rates, it will be greeted with positive move in markets. Financials continue to benefit from upcoming higher rate environment, as profitability soars for financials. Tax reform will come to fruition soon.
BLOG does NOT give buy or sell.
Saleem
Indices mixed.....
Indices are mixed but Dow & S&P 500 are in record territory. Indices are near high of the day except Nasdaq.
S&P 500 @ 2668.45, high 2669.72, low 2659.78
Internals are mostly negative.
Oil Down $1.07
Gold Down $3.70
Canadian $ Down 18 tick @ .7128
VIX UP 3.32% @ 9.65
Portfolio BIDU BZUN CTRP MOMO SHOP WB
Most stocks are down
@ 2.25 following are green :
CTRP TSLA NFLX GE VRX BAC TECK GOOG FCX
UA V SBUX MA LEN MSFT DNKN EXPE SU
FFIV PCLN TK RIG LNG YELP GS AGU
TRIP MGA MS CRUS KORS NKE KBH
CMG M.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2668.45, high 2669.72, low 2659.78
Internals are mostly negative.
Oil Down $1.07
Gold Down $3.70
Canadian $ Down 18 tick @ .7128
VIX UP 3.32% @ 9.65
Portfolio BIDU BZUN CTRP MOMO SHOP WB
Most stocks are down
@ 2.25 following are green :
CTRP TSLA NFLX GE VRX BAC TECK GOOG FCX
UA V SBUX MA LEN MSFT DNKN EXPE SU
FFIV PCLN TK RIG LNG YELP GS AGU
TRIP MGA MS CRUS KORS NKE KBH
CMG M.....
BLOG does NOT give buy or sell.
Saleem
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