Wednesday 12 September 2018

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2888.92, high 2894.65, low 2879.20

RSI @ 59.30

CMF @ 0.133

Internals were :

UP volume led by 1.84 to 1 in NYSE & 1.04 to 1 in Nasdaq

Advancing stocks led by 1.34 to 1 in NYSE & .89 to 1 in Nasdaq

Net new 52 wk highs were leading by 27 in NYSE & 8 in Nasdaq

VIX Down .61% @ 13.14

Oil @ $70.37

Gold @ $1210.90

In my portfolio :

Sold AMD in AH @ $32.64

Added 70% CRUS seconds before close @ $41.06

AH news....PVTL Down 24.6%, TLRD UP 8.6%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed mixed after mid day report that China and US will start discussion soon to resolve escalating trade dispute, there a surge of 150 points in Dow but it all faded by close. Semi sector is in turmoil for the most part and most stocks making 52 wk lows.

BLOG does NOT give buy or sell.

Saleem

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