Thursday, 2 November 2017

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2579.85, high 2581.11, low 2566.17

RSI @ 67.44

CMF @ 0.161

Internals were :

Down volume led by 1.28 to 1 in NYSE & 1.07 to 1 in Nasdaq

Declining stocks led by 1.03 to 1 in NYSE & 1.29 to 1 in Nasdaq

Net new 52 wk highs were leading by 70 in NYSE & 52 in Nasdaq

VIX Down 2.65% @ 9.93

Oil @ $54.54

Gold @ $1278.10

AH ER.... OLED UP 2.5%, AAPL UP 3.13%
                SBUX Down 3.13%, DATA Down 11.23%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was mixed but DOW made another all time high. Internals were weak. AH AAPL gave a very good earnings report, that will help Friday's trading.We still have room to run based on key indicators i follow, RSI still below 70 and sentiment is not frothy, traders are looking @ pullback, that is not happening yet. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem


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