Monday, November 20, 2017

Indices closed UP .12% to .31%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2582.14, high 2584.64, low 2578.24

RSI @ 56.79

CMF @ 0.273

Internals were :

UP volume led by 1.30 to 1 in NYSE & 1.49 to 1 in Nasdaq

Advancing stocks led by 1.49 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new 52 wk highs were leading by 132 in NYSE & 140 in Nasdaq

VIX Down 6.82% @ 10.65

Oil @ $56.09

Gold @ $1275.30

Stocks which were UP 1% or more included    SHOP
WB VRX SQ NVDA BABA BZUN SINA MOMO
MU TWTR UA JKS CSIQ FSLR QRVO FEYE 
CIEN WYNN MLNX X M LRCX....

AH news...PANW UP 6.85%, NLNX UP 5.78%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE is as steady as it can get, Indices closed UP despite tax reform worries and changing of the guard @ Fed. Many Chinese stocks continues to run higher, OLED & SQ still not done going UP. Many stocks are stuck in the mud like BIDU, AMD, that tells of a split TAPE.

BLOG does NOT give buy or sell.

Saleem

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