Tuesday 23 July 2019

Indices closed UP .58% to .68%....NICE !!!!

Indices closed UP.

S&P 500 @ 3005.47, high 3005.90, low 2988.56

RSI @ 62.45

CMF @ 0.112

Internals were :

UP volume led by 2.37 to 1 in NYSE & 1.47 to 1 in Nasdaq

Advancing stocks led by 1.85 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new 52 wk highs were leading by 125 in NYSE & lows by 41 in Nasdaq

VIX Down 6.80% @ 12.61

Oil @ $56.77

Gold @ $1421.70

Stocks which were UP 2% or more included IQ
BIDU NIU AAL CRON BABA OLED 
BZUN CHK WB WYNN GS MGA
OSTK XLNX M.....

AH news....TER UP 16.45% SNAP UP 9.1%

                    TXN UP 7.19%, IRBT Down 18.11%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed @ highest point of the day, after hours earnings reports from Internet,  Semiconductor  & Equipment makers are very strong and showed excellent after hour action. BUT Department Of Justice in USA is starting a new investigation into the practises of GOOG, AAPL, AMZN & FB which brought all these stocks down in AH. Tomorrow after hours TSLA, FB reports among many others.

BLOG does NOT give buy or sell.

Saleem

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