Friday, 23 November 2018

Indices closed down .48% to .73%......

Indices closed down.

S&P 500 @ 2632.56. low 2631.09, high 2647.55

RSI @ 35.50

CMF @ 0.055

Internals were :

Down volume led by 2.05 to 1 in NYSE & .85 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & .85 to 1 in Nasdaq

Net new 52 wk lows were leading by 236 in NYSE & 62 in Nasdaq

VIX UP 3.46% @ 21.52

Oil @ $51.12

Gold @ $1223.60

Canadian $ @ .6794

Portfolio KORS & SQ

Stocks which closed UP 1% or more included SQ
SHOP ESTC MTCH FSLR AMD TLRY EAF
QRVO FEYE OSTK AAL.....

About market, TAPE was weak again and closed @ low of the day despite reports that black Friday sales are running well ahead of expectations, no news seems to help this market. Monday will be another day to see how we do based on " cyber Monday expectations ". Monday will be critical as we will trade full day in US market. Enjoy your thanksgiving holidays, next BLOG will be around 2 PM on Monday, NO SUNDAY BLOG this week.

BLOG does NOT give buy or sell.

Saleem

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