Wednesday 19 June 2019

Indices closed UP .15% to .42%....NICE !!!!

Indices closed UP.

S&P 500 @ 2926.46, high 2931.94, low 2911.43

RSI @ 64.55

CMF @ -0.045

Internals were :

UP volume led by 1.49 to 1 in NYSE & 1.43 to 1 in Nasdaq

Advancing stocks led by 1.65 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 243 in NYSE & 49 in Nasdaq

VIX Down 5.41% @ 14.33

Oil @ $53.76

Gold @ $1348.80

Stocks which were UP 1% or more included BZUN SQ
SHOP UAL FEYE NIU SPLK AEM CGC TLRY
CSIQ CTRP EXPE NFLX PANW NTNX ROKU
TK TRIP MGA OSTK ULTA X M......

AH news...ORCL UP 4.54%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE celebrated Fed dovish approach and closed near high of the day. Markets all set to make new all time highs as 10 year yield is falling below 2%, first time in almost 4 years. This rally was the most ignored by majority of participants, thus expect a huge rally on Thursday.

BLOG does NOT give buy or sell.

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