Indices closed UP 1.42% to 1.95%....NICE !!!!

Indices closed UP.

S&P 500 @ 2926.32, high 2943.31, low 2877.05

RSI @ 47.33

CMF @ 0.159

Internals were :

UP volume led by 2.72 to 1 in NYSE & 2.13 to 1 Nasdaq

Advancing stocks led by 2.47 to 1 in NYSE & 2.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 40 in NYSE & lows by 62 in Nasdaq

VIX Down 16.93% @ 17.52

Oil @ $57.10

Gold @ $1514.10

Stocks which were UP 2% or more included BZUN CRON TSLA
TWTR IQ HUYA BIDU MOMO NVDA MU LRCX AMZN 
WB AAPL SPLK CGC TLRY AMAT BABA PANW YY 
ALDR CHK TK CSIQ FSLR LVS MSFT SWKS TSM
NKE KBH XLNX X....

AH news...TLRY Down 10.32%, PSNL Down 7.15%

                   CHNG UP 10.19%, HUYA UP 6.89%......

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down.

About market, TAPE was down then tweet it UP and closed higher. These days it is all about next tweet which reverses last tweet over & over, no clear cut policy making, all after thought adjustments, Huawei bad, then half bad, then no good. Hopefully we will get a confirmation of this rally by a positive close in all major index.

BLOG does NOT give buy or sell.

Saleem



                 

Posted in: Mixed