Thursday, 27 September 2018

Indices closed UP .21% to .65%....NICE !!!!

Indices closed UP.

S&P 500 @ 2914.00, high 2927.22, low 2909.27

RSI @ 59.00

CMF @ -0.049

Internals were :

UP volume led by 1.09 to 1 in NYSE & 1.26 to 1 in Nasdaq

Advancing stocks led by 1.22 to 1 in NYSE & 1.01 to 1 in Nasdaq

Net new 52 wk lows were leading by 69 in NYSE & 4 in Nasdaq

VIX Down 3.72% @ 12.41

Oil @ $72.12

Gold @ $1187.40

Stocks which were UP 1% or more included AMD FB
SQ MTCH TLRY KORS PRNB IQ AAPL AMZN
BILI EAF GOOG LRCX LULU MRVL MU
SHOP TWTR ROKU CHK RIG FNSR SU
OSTK TSM NKE AAL CNX.....

AH news....TSLA Down 11.91%, PRGS Down 13.63%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE celebrated strong US GDP number and ignored Fed change in language. FANG were back in vogue along with strong stocks. Pot stocks were mostly lower except TLRY which bucked the trend. Expecting a positive close on Friday. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem  

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