Thursday 19 July 2018

Indices closed down .37% to .53%.....

Indices closed down.

S&P 500 @ 2804.49, low 2799.77, high 2812.05

RSI @ 61.16

CMF @ 0.073

Internals were :

UP volume led by .84 to 1 in NYSE & .84 to 1 in Nasdaq

Advancing stocks led by 1.37 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 41 in NYSE & 73 in Nasdaq

VIX UP 6.36% @ 12.87

Oil @ $69.46

Gold @ $1224.00

AH news....ISRG UP 6.36%, MSFT UP 3.26%
                  ZYNE Down 17.06%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed lower and many stocks suffered significant loss, this is a reset after major gains. Indices remains healthy and is poised to run higher to series of new all time highs.I expect earning season to be better than expectations as evidence by MSFT tonight. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem 

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