19:29
Unknown
Indices closed mixed because of Nasdaq being down, Dow & S&P 500 made another all time highs.
S&P 500 @ 2082.17, high 2086.73, low 2079.77
RSI @ 61.16
CMF @ 0.001
Internals were :
UP volume led by 2.39 to 1 in NYSE & .84 to 1 in Nasdaq
Advancing stocks led by 1.84 to 1 in NYSE & 1.03 to 1 in Nasdaq
Net new 52 wk highs were leading by 265 in NYSE & 117 in Nasdaq
VIX Down 2.95% @ 14.80
Oil @ $57.12
Gold @ $1178.00
In my portfolio :
Bought GPRO @ $59.67
Portfolio is AKS BBRY EGO GPRO MU NXPI TSL
Stocks which were UP 1% or more included BBRY GPRO TSL
SWIR JCP QIHU OTEX KORS GOOGL GRPN LULU
LVS CSIQ SU FEYE CIEN SBUX CCJ DATA
WYNN ....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE is following buying momentum, which is building UP going into year end. We are on our way to more new all time highs, as we are on auto pilot in this bull TAPE. Use RSI for trading & booking profit for better risk / reward. Many strong stocks are @ very attractive prices, so swapping out of fully valued into undervalued is a profitable strategy. Tonight IBD is changing its market outlook in a very confusing definition " uptrend resumes under pressure" whatever that means.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2082.17, high 2086.73, low 2079.77
RSI @ 61.16
CMF @ 0.001
Internals were :
UP volume led by 2.39 to 1 in NYSE & .84 to 1 in Nasdaq
Advancing stocks led by 1.84 to 1 in NYSE & 1.03 to 1 in Nasdaq
Net new 52 wk highs were leading by 265 in NYSE & 117 in Nasdaq
VIX Down 2.95% @ 14.80
Oil @ $57.12
Gold @ $1178.00
In my portfolio :
Bought GPRO @ $59.67
Portfolio is AKS BBRY EGO GPRO MU NXPI TSL
Stocks which were UP 1% or more included BBRY GPRO TSL
SWIR JCP QIHU OTEX KORS GOOGL GRPN LULU
LVS CSIQ SU FEYE CIEN SBUX CCJ DATA
WYNN ....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE is following buying momentum, which is building UP going into year end. We are on our way to more new all time highs, as we are on auto pilot in this bull TAPE. Use RSI for trading & booking profit for better risk / reward. Many strong stocks are @ very attractive prices, so swapping out of fully valued into undervalued is a profitable strategy. Tonight IBD is changing its market outlook in a very confusing definition " uptrend resumes under pressure" whatever that means.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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