Thursday 12 September 2019

Indices closed UP .17% to .30%...NICE !!!!

Indices closed UP.

S&P 500 @ 3009.57, high 3020.74, low 3000.92

RSI @ 62.42

CMF @ 0.242

Internals were :

UP volume led by .91 to 1 in NYSE & 1.01 to 1 in Nasdaq

Advancing stocks led by 1.24 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new 52 wk highs were leading by 199 in NYSE & 85 in Nasdaq

VIX Down 2.67% @ 14.22

Oil @ $55.09

Gold @ $1507.40

Stocks which closed green included AMD BZUN LSCC
IQ HUYA LYFT LULU SHOP AMZN UAL MTCH
CRUS BABA GOOG YELP WYNN LVS MA V
OSTK MSFT NKE KBH.....

AH news....TRUE UP 13.85%, TD Down 7.59%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed UP with hope of a trade deal with China & USA, also hopes are high for an Interest rate cut by US Fed, all this brought Indices close to new all time highs. Internals were so so and Indices barely made it into plus by close. Looks like buying fatigue setting in. There is only a closing BLOG on Friday's by 7 PM.

BLOG does NOT give buy or sell.

Saleem

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