Monday 25 February 2019

Indices closed UP .12% to .36%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2796.11, high 2813.49, low 2794.89

RSI @ 70.19

CMF @ 0.366

Internals were :

UP volume led by 1.16 to 1 in NYSE & 1.46 to 1 in Nasdaq

Advancing stocks led by 1.14 to 1 in NYSE & 1.05 to 1 in Nasdaq

Net new 52 wk highs were leading by 177 in NYSE & 132 in Nasdaq

VIX UP 9.92% @ 14.85

Oil @ $55.48

Gold @ $1329.50

Stocks which were UP 2% or more included SHOP ESTC MOMO
HUYA WB PRNB BABA CTRP BZUN ALDR GS SINA.....

AH news.....TSLA Down 3.58%, ETSY UP 7.10%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE celebrated progress in trade talk between China & USA. Chinese stocks were strong again. TAPE may have discounted all the good news from Fed & Trade. RSI are flashing caution. VIX was UP whole day while market was UP, a tell tale of upcoming pullback.

BLOG does NOT give buy or sell.

Saleem


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