Wednesday 21 August 2019

Indices closed UP .82% to .93%....NICE !!!!

Indices closed UP.

S&P 500 @ 2924.43, high 2928.73, low 2917.91

RSI @ 49.93

CMF @ 0.087

Internals were :

UP volume led by 2.47 to 1 in NYSE & 2.11 to 1 in Nasdaq

Advancing stocks led by 2.51 to 1 in NYSE & 2.14 to 1 in Nasdaq

Net new 52 wk highs were leading by 181 in NYSE & 11 in Nasdaq

VIX Down 9.71% @ 15.80

Oil @ $55.68

Gold @ $1515.70

Stocks which were UP 1% or more included AMD CRON TWTR
LSCC MOMO IQ HUYA SQ LULU SHOP AMZN MTCH NIU
ROKU AAPL SPLK FSLR TLRY CSIQ OLED PANW TK
QRVO LNG YELP MA MGA OSTK MCD MSFT ULTA
SWKS TSM NKE.....

AH news....JWN UP 12.17%, ARRY UP 7.91%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed near high of the day on better than expected retail earnings from LOW & TGT. Fed minutes did not give a clear cut policy indication lot of talk about Tariff dispute with China may impact US economy. All Indices are still below 50 DMA BUT BUT Nasdaq is only 28 points away and could lead other Indices above 50 DMA.

BLOG does NOT give buy or sell.

Saleem

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