Thursday, July 18, 2019

Indices down .08% to .35%.....

Indices are off their lows and near best level of the day, reaction to poor earnings impacted open and reached support.

S&P 500 @ 2981.91, low 2973.09, high 2987.26

Internals are negative.

Oil Down $1.37

Gold UP $5.10

Canadian $ Down 20 tick @ .6933

VIX UP .57% @ 14.05

Portfolio AMD BZUN CIEN FB IQ NEM TSLA TWTR

Most stocks are lower

@ 1.56 PM following are green :

NEM MOMO LYFT AEM GLD MU UAL MTCH
AAL AAPL VICR FSLR AMAT CRUS EXPE 
OLED NTNX TK LNG GS MS MA MCD 
ULTA SWKS TSM CMG IBM LRCX
XLNX V......

BLOG does NOT give buy or sell.

Saleem


Wednesday, July 17, 2019

Indices closed down .42% to .65%....

Indices closed down.

S&P 500 @ 2984.42, low 2984.25, high 3005.26

RSI @ 59.60

CMF @ 0.086

Internals were :

Down volume led by 2.25 to 1 in NYSE & 1.96 to 1 in Nasdaq

Declining stocks led by 1.67 to 1 in NYSE & 1.73 to 1 in Nasdaq

Net new 52 wk highs were leading by 136 in NYSE & lows by 7 in Nasdaq

VIX UP 8.63% @ 13.97

Oil @ $56.78

Gold @ $1423.30

AH news....EBAY UP 6.02%, URI Down 6.11%,

                   NFLX Down 11.99%, LLNW Down 16.36%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE closed @ low of the day, AH earnings reports were disappointing and hitting Futures hard.Thursday could be another bad day @ open, hopefully we may have a better close than open, this pullback is healthy and was needed to position us for better earnings reports.

BLOG does NOT give buy or sell.

Saleem

Indices down .04% to .25%.....

Indices are lower despite good earnings from Banks, Indices are digesting gains, keep an eye on close.

S&P 500 @ 2995.74, low 2989.97, high 3005.26

Internals are negative

Oil Down 61 cents

Gold UP $12.50

Canadian $ UP 39 tick @ .6953

VIX UP 2.72% @ 13.21

Portfolio AMD BZUN CIEN FB IQ NEM TSLA TWTR

Most stocks are lower

@ 2.06 PM, following are green :

CIEN NEM TSLA SQ AEM GLD MU LRCX
SHOP UAL MTCH FEYE SPLK CRON 
FSLR CGC TLRY PRNB CTRP JKS
PANW AMAT BABA OSTK ULTA
KBH .....

BLOG does NOT give buy or sell.

Saleem

Tuesday, July 16, 2019

Indices closed down .09% to .43%.....

Indices closed down.

S&P 500 @ 3004.04, low 3001.15, high 3015.02

RSI @ 66.75

CMF @ 0.129

Internals were :

Down volume led by 1.50 to 1 in NYSE & 1.20 to 1 in Nasdaq

Declining stocks led by 1.06 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 169 in NYSE & 39 in Nasdaq

VIX UP 1.42% @ 12.86

Oil @ $57.62

Gold @ $1411.20

AH news....QCOM UP 5.58%, ORN UP 21.69%

                    CSX Down 6.29%, NUS Down 17.93%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed near low of the day on old issue of China & US trade deadlock, there were some positive development in International arena as Iran is showing willingness to reduce their missile program which US is happy about which resulted in oil slumping mid day. Turnaround Tuesday should be interesting when it comes to closing time.

BLOG does NOT give buy or sell.

Saleem

Indices down .09% to .52%.....

Indices were mixed before a tweet soured this TAPE, tweet mentioned lack of progress in trade talks with China. Indices are @ low of the day.

S&P 500 @ 3003.24, low 3001.15, high 3015.02

Internals are negative

Oil Down $2.35

Gold Down $4.00

Canadian $ Down 27 tick @ .6926

VIX UP 2.44% @ 12.99

Portfolio AMD BZUN CIEN FB IQ NEM TSLA TWTR

Most stocks are down

@ 2.07 PM following are green :

CIEN LYFT LULU UAL FEYE ROKU AAL PHM
CRON CGC PRNB BABA EXPE GOOG OLED
WYNN LVS GS TRIP MGA OSTK ULTA KBH
CMG X......

BLOG does NOT give buy or sell.

Saleem

Monday, July 15, 2019

Indices closed UP .02% to .17%...NICE !!!!

Indices closed UP.

S&P 500 @ 3014.30, high 3017.80, low 3008.77

RSI @ 70.95

CMF @ 0.135

Internals were :

Down volume led by 1.42 to 1 in NYSE & .86 to 1 in Nasdaq

Declining stocks led by .97 to 1 in NYSE & 1.06 to 1 in Nasdaq

Net new 52 wk highs were leading by 252 in NYSE & 74 in Nasdaq

VIX UP 2.34% @ 12.68

Oil @ $59.58

Gold @ $1413.50

AH news....EGLE Down 9.32%, NMRK Down 7.69%

                   TBBK UP 9.35%, JBHT UP 7.94%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was Mixed most of the day with Nasdaq showing green most of the day, @ close DOW, S&P 500 and Nasdaq all closed green, a very bullish end of the day performance. SO we have highest all time close in 3 key indices. Many stocks are showing strong technical breakout like AMD making new highs @ close.

BLOG does NOT give buy or sell.

Saleem

Indices mixed.....

Indices are mixed after Chinese GDP came in @ slowest pace in 27 years. Only Nasdaq trying to stay green.

S&P 500 @ 3011.01, low 3008.77, high 3017.80

Internals are negative.

Oil Down 58 cents

Gold UP $1.50

Canadian $ Down 15 tick @ .6956

VIX UP 3.55% @ 12.83

In my portfolio...Bought FB @ $203.00

Portfolio AMD BZUN CIEN FB IQ NEM TSLA TWTR

Most stocks are down

@ 1.50 PM following are green by 1% or more :

AMD BZUN TSLA TWTR SHOP SPLK VICR
CRON CGC BABA JKS OLED PANW YY
WYNN TRIP SINA SWKS TSM X....

BLOG does NOT give buy or sell.

Saleem