Thursday, 25 January 2018

Indices closed mixed.......

Indices closed mixed.

S&P 500 @ 2839.25, high 2848.56, low 2830.94

RSI @ 83.24

CMF @ 0.399

Internals were :

Down volume led by 1.35 to 1 in NYSE & 1.19 to 1 in Nasdaq

Declining stocks led by 1.19 to 1 in NYSE & 1.06 to 1 in Nasdaq

Net new 52 wk highs were leading by 208 in NYSE & 182 in Nasdaq

VIX UP .96% @ 11.58

Oil @ $65.51

Gold @ $1362.90

Stocks which were UP 1% or more included CTRP FSLR NTES SQ
MOMO SHOP WB BABA ROKU TRIL BZUN NFLX JD SPWR
AMZN FCX JKS CSIQ DNKN GS YELP MLNX ULTA CELG
CMG.....

AH news....INTC UP 3.53%, SBUX Down 4.64%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE although closed mixed, but Dow managed to make a new all time high and closed @ new all time high. TAPE saw some selling when President Trump contradicted Treasury Secretary position of weak US dollar. Internals were weak today, which is a usual churning on some day. TAPE remains healthy which is confirmed by new highs in indices. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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