Thursday 11 July 2019

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2999.91, high 3002.33, low 2988.80

RSI @ 68.58

CMF @ 0.100

Internals were :

Down volume led by 1.14 to 1 in NYSE & 1.24 to 1 in Nasdaq

Declining stocks led by 1.04 to 1 in NYSE & 1.25 to 1 in Nasdaq

Net new 52 wk highs were leading by 222 in NYSE & 70 in Nasdaq

VIX Down .77% @ 12.93

Oil @ $60.20

Gold @ $1406..70

In my portfolio ...Sold SQ @ $80.05 in AH

AH news....HOOK UP 40.57%, SDRL UP 4.4%

                   EMKR Down 17.93%, ILMN Down 16.13%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed at all time highs in DOW & S&P 500. Internals were weak due to technology stocks being relatively weak. Market closed near best level of the day which shows buyer coming in and shorts panicking even @ these record high level. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem




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