Wednesday, 20 February 2019

Indices closed UP .03% to .24%...NICE !!!!

Indices closed UP.

S&P 500 @ 2784.70, high 2789.88, low 2774.70

RSI @ 70.18

CMF @ 0.398

Internals were ;

UP volume led by 1.56 to 1 in NYSE & 1.20 to 1 in Nasdaq

Advancing stocks led by 1.73 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 137 in NYSE & 80 in Nasdaq

VIX Down 5.78% @ 14.02

Oil @ $56.92

Gold @ $1347.90

Stocks which were UP 1% or more included BZUN HUYA 
IQ ESTC AEM GG CRON TLRY CIEN LRCX MRVL 
QRVO CHK TK MLNX MGA SINA X......

AH news....HTZ UP 6.73%, CAR UP 9.86%

                 VIPS Down7.66%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed green but off the highs of the day, Fed minutes gave more insight as to how much Fed officials are worried about US economic growth, thus taking further measures of keeping interest rates in check. RSI @ 70+ calls for caution.

BLOG does NOT give buy or sell.

Saleem

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