Oscillator Becomes More Overbought
The S&P Short Range Oscillator has moved to a larger overbought at 2.63% vs. 1.62%.
Position: Short SPY (M), QQQ (M)
Early Friday Trading (4:20 AM)
Adding to my index shorts:
* $SPY $755.63
* $QQQ $735.96
Position: Short SPY (M), QQQ (M)
Thursday’s After-Hours Advancers and Decliners
After-Hours % Advancers
After-Hours % Decliners
Position: None
Closing Market Data for Thursday
Closing Volume
– NYSE volume 6% below its one-month average
– NASDAQ volume 2% below its one-month average
– VIX index: down 3.62% to 15.70
Breadth
S&P 500 Sectors
% Movers
Nasdaq 100 Heat Map
Closing S&P 500 Heat Map
Position: None
No Peace Deal?
Break in.
Iran denies the Axios peace deal story from this morning.
Position: None
Moving Toward Large
I am moving toward a large index short position:
* $SPY $754.04
* $QQQ $734.94
Position: Short SPY (M), QQQ (M)
Charting the Late Morning Market Moves
– NYSE volume flat to its one-month average;
– Nasdaq volume 9% below its one-month average;
– VIX index: down 1.78% to 16
Positions: None.
Selling at the Sound of Trumpets
Stocks rip higher on an Axios report that a peace agreement (again) has been reached.
I am adding to my index shorts with s and p cash +27 handles:
* ($SPY) $753.10
* ($QQQ) $732.16
Positions: Short SPY M QQQ M