Tuesday, 18 September 2018

Indices closed UP .54% to .76%....NICE !!!!

Indices closed UP.

S&P 500 @ 2904.31, high 2911.17, low 2890.43

RSI @ 61.21

CMF @ 0.112

Internals were :

UP volume led by 1.96 to 1 in NYSE & 1.38 to 1 in Nasdaq

Advancing stocks led by 1.37 to 1 in NYSE & 1.42 to 1 in Nasdaq

Net new 52 wk highs were leading by 7 in NYSE & 2 in Nasdaq

VIX Down 6.51% @ 12.79

Oil @ $69.85

Gold @ $1202.90

Stocks which were UP 1% or more included SQ
MTCH PRNB AMAT AMZN BILI NXPI CSIQ
EXPE FSLR JKS SPWR LRCX LULU MOMO
MU NFLX SHOP ROKU CHK TK RIG FEYE
LNG YELP VICR OSTK SU NKE KBH X M

AH news...TLRY UP 8.58%, IGT Down 9.75%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE got an oversold bounce on trade slump. China & US are playing tit for tat until there is an agreement. NAFTA is also on hold between US & Canada as we are entering a do or die moment in negotiation. Internals were positive and indices stayed green from pre market to close.

BLOG does NOT give buy or sell.

Saleem

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