Thursday, October 4, 2018

Indices down 1.24% to 2.17%.......

Indices are sharply lower as bond 10 year yield shot up to 3.19% an 8 year high.

S&P 500 @ 2890.14, low 2886.59, high 2919.78

Internals are negative by 4 to 1

Oil Down $1.97

Gold Down $1.10

Canadian $ Down 52 tick @ .7081

VIX UP 33.07% @ 15.45

Portfolio AMD FB FSLR RHT VICR HEXO.TO

Most stocks are down

@ 2.15 PM following are UP.

HEXO.TO GE FEYE OSTK MCD SU AEM 
CMG CNX......

BLOG does NOT give buy or sell.

Saleem

Wednesday, October 3, 2018

Indices closed UP .07% to .32%...NICE !!!!

Indices closed UP.

S&P 500 @ 2925.51, high 2939.86, low 2921.36

RSI @ 62.63

CMF @ -0.153

Internals were :

UP volume led by 1.50 to 1 in NYSE & 2.54 to 1 in Nasdaq

Advancing stocks led by .96 to 1 in NYSE & 1.64 to 1 in Nasdaq

Net new 52 wk lows were leading by 216 in NYSE & 62 in Nasdaq

VIX Down 3.65% @ 11.61

Oil @ $76.41

Gold @ $1202.90

Stocks which were UP 1% or more included FB VICR
KORS SPLK MTCH GE ACBFF CGC TLRY AAPL
IQ BABA BILI CIEN CSIQ CTRP EAF MOMO
OLED SHOP TWTR WB YY ROKU ALDR 
CHK FEYE YELP WYNN LVS TRIP MS
SU MLNX FNSR X M CNX....

AH news.....

TLRY Down 4.99%, 

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down


About market, TAPE started strong and DOW made another new all time high, by close we barely stayed green in all indices. Internals were weak again. New stocks are getting more attention and making decent UP moves. AMD selling seems to have stopped as INTC have readjusted their strategy to compete with faster growing AMD strategy, its not easy to play catch up in technology.

BLOG does NOT give buy or sell.

Saleem

Indices UP .39% to .58%....NICE !!!!

Indices are higher on Italian news of stability in Euro which is helping stock market worldwide.Jobs data was better than expected in USA.

S&P 500 @ 2935.50, high 2939.86, low 2931.60

Internals are positive mostly 2 to 1

Oil UP $1.42

Gold Down $3.10

Canadian $ Down 8 tick @ .7171

VIX Down 4.81% @ 11.47

In my portfolio ;

Bought FSLR @ $49.25

Bought VICR @ $41.75

Portfolio AMD FB FSLR RHT VICR HEXO.TO

Most stocks are higher

@ 2.07 following are red by 1% :

AMD HYYDF PRNB TSLA SPWR AEM GG KBH....

BLOG does NOT give buy or sell.

Saleem


Tuesday, October 2, 2018

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2923.43, low 2919.37, high 2931.42

RSI @ 61.90

CMF @ -0.107

Internals were :

Down volume led by 1.03 to 1 in NYSE & 1.50 to 1 in Nasdaq

Declining stocks led by 1.56 to 1 in NYSE & 2.16 to 1 in Nasdaq

Net new 52 wk lows were leading by 121 in NYSE & 91 in Nasdaq

VIX UP .42% @ 12.05

Oil @ $75.23

Gold @ $1207.00

In my portfolio Sold HUYA @ $21.14

Portfolio AMD FB RHT HEXO.TO

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed near low of the day and only Dow closed UP. Internals were all negative. TAPE is faltering badly for 2 days with internals being leading indicator of  weakness, I am extremely uncomfortable with this TAPE and may see downside action accelerating. I have taken defensive action by reducing my exposure by 30%.

BLOG does NOT give buy or sell.

Saleem

Indices mixed......

Indices mixed as Dow reaches new all time high, S&P 500 also green.

S&P 500 @ 2929.28, high 2931.42, low 2919.37

Internals are mostly negative.

Oil Down 27 cents

Gold UP $14.10

Canadian $ Down 3 tick @ .7187

VIX Down 2.75% @ 11.67

In my portfolio Sold BZUN @ $44.95

Portfolio AMD FB HUYA RHT HEXO.TO

Most stocks are down

@ 1.59 PM following are green :

SQ GE VICR AAPL AMAT CRUS CIEN CS CTRP
FSLR GOOG JKS LRCX LULU MRVL MU OLED
QRVO SPWR MLNX FNSR ABX AEM SWKS
GG KBH IBM CNX.....

BLOG does NOT give buy or sell.

Saleem

Monday, October 1, 2018

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2924.59, high 2937.06, low 2917.91

RSI @ 62.53

CMF @ -0.066

Internals were :

UP volume led by 1.25 to 1 in NYSE & .76 to 1 in Nasdaq

Advancing stocks led by .75 to 1 in NYSE & 53 to 1 in Nasdaq

Net new 52 wk lows were leading by 64 in NYSE & highs by 24

VIX Down .99% @ 12.00

Oil @ $75.30

Gold @ $1191.70

Stocks which were UP 1% or more included AMD 
GE HYYDF ACBFF TLRY PRNB NVDA BILI
FSLR NFLX OLED TSLA ROKU CHK RIG
TK LNG MGA OSTK SU MSFT TSM IBM

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was euphoric @ open in celebration of US & Canada trade agreement as they were the biggest trading partner which got lost in the noise of tweets. Nasdaq gave up all gains in later part of the day, internals were extremely negative, CMF became negative also. We may try to turn positive by Tuesday close as it may restore traders confidence.

BLOG does NOT give buy or sell.

Saleem 

Indices UP .10% to .77%...NICE !!!!-

Indices are higher on trade deal with Canada.

S&P 500 @ 2927.48, high 2937.06, low 2925.38

Internals are mixed, declining stocks in the lead in both NYSE & Nasdaq.

Oil UP $1.83

Gold Down $4.00

Canadian $ UP 1.10 cent @ .7206

VIX Down 1.32% @ 11.96

In my portfolio...added 60% HEXO.TO @ $8.78

Portfolio AMD BZUN FB HUYA RHT HEXO.TO

Most stocks are UP

@ 2.16 following are red by 1% or more :

BZUN FB HUYA RHT SPLK SQ MTCH VICR IQ
BABA CIEN FFIV TWTR YY WB YELP SPWR
FNSR KBH CMG AAL CNX......

BLOG does NOT give buy or sell.

Saleem