More Early Thursday Morning Trades
* At 4:45 AM…
I reshorted $CRM at $259.59.
Position: Short CRM (S)
Early Thursday Morning Trading
* At 4:40 AM…
I added to my $SPY short at $766.08.
Position: Short SPY common (S) and calls (VS)
Oversold? Not the Kind I’m Looking For
Here’s why I’m waiting for a ‘good’ oversold. Plus, let’s see if the little rally changed the indicators, and check out a bunch of down-and-out names.
Wednesday’s After-Hours Advancers and Decliners
After-Hours % Advancers
After-Hours % Decliners
Position: None
Wednesday’s Closing Market Data
Closing Volume
– NYSE volume 3% above its one-month average
– NASDAQ volume 4% below its one-month average
– VIX index: down 6.73% to 15.24
Breadth
Sectors
% Gainers
% Decliners
Nasdaq 100 Heat Map
S&P 500 Heat Map
Position: None
Stock Market Sees Nice Bounce But Traders Can’t Get Comfortable
A close not too far from the highs is a good sign, but it is just the first step in a recovery.
Broadcom Moving Lower on Guidance
Break in!
Broadcom ($AVGO) is moving lower on slightly disappointing revenue guidance.
Position: None
I’m Getting Shorter
I added to my $SPY short at $765.41.
Position: Short SPY common (S), calls (S)
Earnings Calendar After the Close
Position: None