Thursday, 26 September 2019

Indices closed down .24% to .58%....

Indices closed down.

S&P 500 @ 2977.62, low 2963.71, high 2987.28

RSI @ 52.60

CMF @ 0.207

Internals were :

Down volume led by 1.70 to 1 in NYSE & 2.20 to 1 in Nasdaq

Declining stocks led by 1.27 to 1 in NYSE & 2.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 113 in NYSE & lows by 60 in Nasdaq

VIX UP .69% @ 16.07

Oil @ $56.41

Gold @ $1515.20

AH news....EGO Down 4.58%, MU Down 6.95%

                   LVS UP 3.97%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under mild selling as impeachment process moved forward. Anytime there is uncertainty about deep political issue, there is a pause in market momentum, so we did not confirm this positive move from yesterday. Internals were weak. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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