Thursday, 6 December 2018

Indices closed down .15% to .42%.....

Indices closed down.

S&P 500 @ 2695.95, low 2621.53, high 2696.15

RSI @ 46.82

CMF @ 0.131

Internals were :

Down volume led by 1.96 to 1 in NYSE & .75 to 1 in Nasdaq

Declining stocks led by 1.76 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk lows were leading by 806 in NYSE & 452 in Nasdaq

VIX UP 2.17% @ 21.19

Oil @ $51.49

Gold @ $1247.60

AH news.....AVGO UP 4.73%, YELP UP 4.62%

                    ULTA Down 5.09%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was in selling overdrive again and DOW tumbled 780 points but recovered to 79 points down @ close, reason for recovery given was a "softer Fed ". Jobs report @ 830 may swing markets in extreme again hot means down cold means UP. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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