Monday 14 January 2019

Indices closed down .36% to .94%....

Indices closed down.

S&P 500 @ 2582.61, low 2570.41, high 2589.22

RSI @ 51.69

CMF @ 0.034

Internals were :

Down volume led by 1.36 to 1 in NYSE & 2.19 to 1 in Nasdaq

Declining stocks led by 1.76 to 1 in NYSE & 2.18 to 1 in Nasdaq

Net new 52 wk lows were leading by 5 in NYSE & highs by 2 in Nasdaq

VIX UP 4.84% @ 19.07

Oil @ $5051

Gold @ $1291.30

AH news...SSYS UP 11.83%, ARRY UP 8.38%

AH futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was marking time to see how shutdown ends and how earnings will fare, Chinese trade data was of no help, considering all that Close was not bad. Based on futures Tuesday may be much better. Technology stocks were weak as few downgrades took a toll like MU. Stay engaged for opportunistic trades.

BLOG does NOT give buy or sell.

Saleem

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