Tuesday, October 20, 2015

Indices closed down .08% to .50%.....

Indices closed down.

S&P 500 @ 2030.77, low 2026.61, high 2039.12

RSI @ 60.66

CMF @ 0.302

Internals were :

UP volume led by 1.37 to 1 in NYSE & .81 to 1 in Nasdaq

Advancing stocks led by 1.61 to 1 in NYSE & .90 to 1 in Nasdaq

Net new 52 wk highs were leading by 47 in NYSE & by 9 in Nasdaq

VIX UP 5.14% @ 15.75

Oil @ $45.55

Gold @ $1177.50

AH ER...VMW Down 3.58%, ISRG UP 7.79%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under mild selling pressure after accumulating gains for a week. High profile stocks took a major hit, this is not a trend but on some profit taking.We made another higher highs before pulling back, internals were mixed. Stay with your high conviction stocks as we are headed higher.

BLOG does NOT give buy or sell.

Saleem

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