Wednesday, 13 March 2019

Indices closed UP .58% to .69%....NICE !!!!

Indices closed UP.

S&P 500 @ 2810.92, high 2821.24, low 2799.78

RSI @ 64.30

CMF @ 0.109

Internals were :

UP volume led by 3.70 to 1 in NYSE & 1.73 to 1 in Nasdaq

Advancing stocks led by 2.43 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 221 in NYSE & 46 in Nasdaq

VIX Down 2.61% @ 13.41

Oil @ $58.26

Gold @ $1309.30

Stocks which were UP 1% or more included BZUN SQ TSLA
SHOP MOMO AMZN NVDA NIU AAL VICR FSLR 
PRNB FFIV NFLX PANW NTNX CHK TK RIG
SPWR TRIP SU ULTA CNX....

AH news...SMTC Down 6.76%, CLDR Down 15.47%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong earlier but gave up some gains due to BA shutdown order by USA & most countries. Internals were positive. Brexit is playing its own drama while pound jumped UP. Indices have started to make new 2019 highs already which is a good thing. Expecting more follow up on the up side on Thursday.

BLOG does NOT give buy or sell.

Saleem


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