Thursday, 31 October 2019

Indices closed down .14% to .52%.....

Indices closed down.

S&P 500 @ 3037.56, low 3023.19, high 3046.99

RSI @ 61.54

CMF @ 0.046

Internals were :

Down volume led by 2.26 to 1 in NYSE & 1.13 to 1 in Nasdaq

Declining stocks led by 1.06 to 1 in NYSE & 1.67 to 1 in Nasdaq

Net new 52 wk highs were leading by 126 in NYSE & 26 in Nasdaq

VIX UP 7.22% @ 13.22

Oil @ $54.18

Gold @ %1514.80

AH news...QRVO UP 10.05%, FTNT UP 7.31%

                 CASA Down 25.60%, PINS Down 20.10%

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was down today due to tension between USA & CHINA over trade issues. Good earnings were ignored and major gains in most stocks evaporated by close. Tension between President & Fed flared UP again with a tweet. Hopefully we will end the week on a positive note. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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