Indices are UP after opening lower, Indices are near high of the day.
S&P 500 @ 2809.39, high 2812.63, low 2789.24
Internals are positive
Oil UP 23 cents
Gold Down $13.40
Canadian $ Down 63 tick @ .6804
VIX Down 5.85% @ 12.08
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.09 following are red :
BZUN YY NTES FSLR CNQ INTC GS NFLX
SPWR SU VRX CHK TK RIG WYNN ABX
ULTA NKE IBM.....
BLOG does NOT give buy or sell.
Saleem
Tuesday, July 17, 2018
Monday, July 16, 2018
Indices closed mixed......
Indices closed mixed.....
S&P 500 @ 2798.43, low 2793.39, high 2803.71
RSI @ 61.75
CMF 0.084
Internals were :
Down volume led by 1.58 to 1 in NYSE & 1.51 to 1 in Nasdaq
Declining stocks led by 2.05 to 1 in NYSE & 1.55 to 1 in Nasdaq
Net new 52 wk low were leading by 26 in NYSE & highs by 17 in Nasdaq
AH news...NFLX Down 14.13%, IGT UP 4.51%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under mild selling due to mini overbought condition and oil taking a hit due to oversupply from Saudi Arabia and Iran who is being authorized to sell its oil, by close it was
a mixed day with Dow closing green. After close NFLX bull run ended and slumped on missing subscribers number badly, this is affecting Nasdaq by 42 points lower so far. I do not believe that Nasdaq will suffer too much with NFLX fiasco, it is a stock specific situation, so buy the weak open.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2798.43, low 2793.39, high 2803.71
RSI @ 61.75
CMF 0.084
Internals were :
Down volume led by 1.58 to 1 in NYSE & 1.51 to 1 in Nasdaq
Declining stocks led by 2.05 to 1 in NYSE & 1.55 to 1 in Nasdaq
Net new 52 wk low were leading by 26 in NYSE & highs by 17 in Nasdaq
AH news...NFLX Down 14.13%, IGT UP 4.51%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under mild selling due to mini overbought condition and oil taking a hit due to oversupply from Saudi Arabia and Iran who is being authorized to sell its oil, by close it was
a mixed day with Dow closing green. After close NFLX bull run ended and slumped on missing subscribers number badly, this is affecting Nasdaq by 42 points lower so far. I do not believe that Nasdaq will suffer too much with NFLX fiasco, it is a stock specific situation, so buy the weak open.
BLOG does NOT give buy or sell.
Saleem
Indices mixed....
Indices mixed on slumping oil prices. Dow is green.
S&P 500 @ 2798.07, low 2793.39, high 2803.71
Internals are negative
Oil Down $3.29
Gold Down 70 cents
Canadian $ UP 24 tick @ .6865
VIX UP 3.28% @ 12.58
In my portfolio...added 30% NEW @ $19.45
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.12 following are UP :
BZUN HUYA IQ MOMO BILI SOGO OLED VICR
AMZN GS MS BAC AMAT LULU AMD YELP
MLNX M.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2798.07, low 2793.39, high 2803.71
Internals are negative
Oil Down $3.29
Gold Down 70 cents
Canadian $ UP 24 tick @ .6865
VIX UP 3.28% @ 12.58
In my portfolio...added 30% NEW @ $19.45
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.12 following are UP :
BZUN HUYA IQ MOMO BILI SOGO OLED VICR
AMZN GS MS BAC AMAT LULU AMD YELP
MLNX M.....
BLOG does NOT give buy or sell.
Saleem
Sunday, July 15, 2018
All Indices poised to make new all time high.....
Indices are looking @ creating series of new all time highs.
First to make new all time high was Russell 2000.
Nasdaq followed it with back to back new all time high.
S&P 500 is only 72 points away....max 3 good days should do it...
Dow is 1582 points away, about 5 good days away...
SOX is the trouble spot which is still below 50 DMA but above 200 DMA, it is 124 points away or 9.3% recovery needed.....good 15 days should do it....
This is the most healthy TAPE has been after few months
Earnings are starting with NFLX on Monday, Carter Worth is predicting down move, it looks extended and may need few days rest.....
Chinese small caps came to life big time last week some more strong than others HUYA was the best performer.....with IQ right behind.....
Among big cap Chinese stocks BIDU looks quite strong and may be heading to new all time high....
SQ is looking ready to make new high.....
SO...IF you look @ your portfolio, you should have a good mix of ready to make new high stocks IF not, make some changes, things change very quickly, one must take advantage of strong TAPE with strong stocks.
FB AMZN AAPL are among strong stocks, new highs begets more new highs.
IF you must own gold stocks here AEM could be a good bet.
All in all window of opportunity has arrived and one must position to take advantage.
Good luck with your own analysis of where we are and your own comfort level.
BLOG does NOT give buy or sell.
Saleem
First to make new all time high was Russell 2000.
Nasdaq followed it with back to back new all time high.
S&P 500 is only 72 points away....max 3 good days should do it...
Dow is 1582 points away, about 5 good days away...
SOX is the trouble spot which is still below 50 DMA but above 200 DMA, it is 124 points away or 9.3% recovery needed.....good 15 days should do it....
This is the most healthy TAPE has been after few months
Earnings are starting with NFLX on Monday, Carter Worth is predicting down move, it looks extended and may need few days rest.....
Chinese small caps came to life big time last week some more strong than others HUYA was the best performer.....with IQ right behind.....
Among big cap Chinese stocks BIDU looks quite strong and may be heading to new all time high....
SQ is looking ready to make new high.....
SO...IF you look @ your portfolio, you should have a good mix of ready to make new high stocks IF not, make some changes, things change very quickly, one must take advantage of strong TAPE with strong stocks.
FB AMZN AAPL are among strong stocks, new highs begets more new highs.
IF you must own gold stocks here AEM could be a good bet.
All in all window of opportunity has arrived and one must position to take advantage.
Good luck with your own analysis of where we are and your own comfort level.
BLOG does NOT give buy or sell.
Saleem
Friday, July 13, 2018
Indices closed UP .03% to .38%....NICE !!!!
Indices closed UP after digesting gains during the day, in the end Indices closed near high of the day. Nasdaq made a brand new closing high.
S&P 500 @ 2801.31, high 2804.53, low 2791.69
RSI @ 62.69
CMF @ 0.140
Internals were :
Down volume led by 1.13 to 1 in NYSE & 1.31 to 1 in Nasdaq
Declining stocks led by .99 to 1 in NYSE & 1.22 to 1 in Nasdaq
Net new 52 wk highs were leading by 90 in NYSE & 53 in Nasdaq
VIX Down 3.18% @ 12.18
Oil @ $71.01
Gold @ $1241.20
Canadian $ @ .6828
Stocks which closed green included MU CNQ GOOG AMZN DNKN AMAT JKS LEN LVS MSFT ROKU SBUX SU TSLA
TSM ALDR CHK FB WYNN ORCL OSTK ULTA AAL X M ...
Here is my portfolio weighting :
IQ 19.40%
HUYA 18.00%
BIDU 17.00%
NVDA 15.80%
BZUN 14.00%
SQ 8.50%
NEW 7.30%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2801.31, high 2804.53, low 2791.69
RSI @ 62.69
CMF @ 0.140
Internals were :
Down volume led by 1.13 to 1 in NYSE & 1.31 to 1 in Nasdaq
Declining stocks led by .99 to 1 in NYSE & 1.22 to 1 in Nasdaq
Net new 52 wk highs were leading by 90 in NYSE & 53 in Nasdaq
VIX Down 3.18% @ 12.18
Oil @ $71.01
Gold @ $1241.20
Canadian $ @ .6828
Stocks which closed green included MU CNQ GOOG AMZN DNKN AMAT JKS LEN LVS MSFT ROKU SBUX SU TSLA
TSM ALDR CHK FB WYNN ORCL OSTK ULTA AAL X M ...
Here is my portfolio weighting :
IQ 19.40%
HUYA 18.00%
BIDU 17.00%
NVDA 15.80%
BZUN 14.00%
SQ 8.50%
NEW 7.30%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Thursday, July 12, 2018
Indices closed UP .87% to 1.39%...NICE !!!!
Indices closed UP.
S&P 500 @ 2798.29, high 2799.22, low 2781.53
RSI @ 62.13
CMF @ 0.115
Internals were :
UP volume led by 1.82 to 1 in NYSE & 2.61 to 1 in Nasdaq
Advancing stocks led by 1.75 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 83 in NYSE & 59 in Nasdaq
VIX Down 7.70% @ 12.58
Oil @ $70.33
Gold @ $1258.00
Stocks which were UP 3% or more included BIDU BZUN IQNEW
MOMO BILI SOGO OLED SHOP SPLK RIKU TWTR NTNX
YELP......
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE was strong and closed near high of the day. Nasdaq made a brand new all time new closing high, new all time highs gets series of new highs. Most sect sector participated in today's rally. Internals were all positive.Technically this market is healthy so look for new all time highs in all Indices. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2798.29, high 2799.22, low 2781.53
RSI @ 62.13
CMF @ 0.115
Internals were :
UP volume led by 1.82 to 1 in NYSE & 2.61 to 1 in Nasdaq
Advancing stocks led by 1.75 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 83 in NYSE & 59 in Nasdaq
VIX Down 7.70% @ 12.58
Oil @ $70.33
Gold @ $1258.00
Stocks which were UP 3% or more included BIDU BZUN IQNEW
MOMO BILI SOGO OLED SHOP SPLK RIKU TWTR NTNX
YELP......
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE was strong and closed near high of the day. Nasdaq made a brand new all time new closing high, new all time highs gets series of new highs. Most sect sector participated in today's rally. Internals were all positive.Technically this market is healthy so look for new all time highs in all Indices. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
Indices UP .71% to 1.12%...NICE !!!!
Indices are higher and Nasdaq @ new all time high.
S&P 500 @ 2793.88, high 2798.52, low 2781.53
Internals are positive by almost 2 to 1 but volume is positive in Nasdaq by 3 to 1.
Oil Down 2 cents
Gold UP $2.40
Canadian $ UP 38 tick @ .6834
VIX Down 6.16% @ 12.79
In my portfolio ...added 100% SQ @ $66.00
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.17 following are red :
HAL CTRP DNKN FCX JKS LEN NFLX TSLA
ALDR CHK MLNX FNSR KBH X M CNX...
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2793.88, high 2798.52, low 2781.53
Internals are positive by almost 2 to 1 but volume is positive in Nasdaq by 3 to 1.
Oil Down 2 cents
Gold UP $2.40
Canadian $ UP 38 tick @ .6834
VIX Down 6.16% @ 12.79
In my portfolio ...added 100% SQ @ $66.00
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.17 following are red :
HAL CTRP DNKN FCX JKS LEN NFLX TSLA
ALDR CHK MLNX FNSR KBH X M CNX...
BLOG does NOT give buy or sell.
Saleem
Subscribe to:
Posts (Atom)