Tuesday, 15 January 2019

Indices closed UP .65% to 1.71%....NICE !!!!

Indices closed UP.

S&P 500 @ 2610.30, high 2613.08, low 2585.10

RSI @ 55.05

CMF @ 0.102

Internals were :

UP volume led by 1.66 to 1 in NYSE & 2.59 to 1 in Nasdaq

Advancing stocks led by 1.83 to 1 in NYSE & 2.14 to 1 in Nasdaq

Net new 52 wk highs were leading by 8 in NYSE & 8 in Nasdaq

VIX Down 2.46% 18.60

Oil @ $51.97

Gold @ $1288.40

Stocks which were UP 1% or more included      MOMO SQ
HUYA BIDU ESTC MTCH BZUN SHOP ROKU LULU
KORS AAPL SPLK FB AMZN CIEN GOOG NFLX
OLED PANW TSLA TWTR NTNX ALDR CHK 
LVS OSTK SU MSFT NKE CMG.....

AH news...UAL UP 5.95%, JWN Down 3.3%

                  SNAP Down 6.86%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE finished near high of the day which is extremely positive, Brexit rejection had no impact as it was widely expected. Market has found its footing and is working its way above key technical levels, Nasdaq already closed above 50 DMA which is extremely bullish, S&P 500 and DOW are staring @ 50 DMA.

BLOG does NOT give buy or sell.

Saleem

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