Monday, March 12, 2018

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2783.02, low 2779.26, high 2796.98

RSI @ 58.55

CMF @ 0.172

Internals were :

UP volume led by 1.42 to 1 in NYSE & 1.62 to 1 in Nasdaq

Advancing stocks led by 1.22 to 1 in NYSE & 1.45 to 1 in Nasdaq

Net new 52 wk highs were leading by 116 in NYSE & 247 in Nasdaq

VIX UP 7.79% @ 15.78

Oil @ $61.36

Gold @ $1320.80

Stocks which were UP 2% or more included FSLR
ABX GG MU TSLA VRX VECO FNSR TK
RIG.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong @ open but closed mixed, Nasdaq made another new all time high. Anxiety over trade tariff is playing a role in terms of retaliation by other countries.Internals were all positive. Friday's big gain played some role of digesting huge gains.

PS....was tied up in some chore and installing new HP PC, there is a battle of browsers Edge vs Chrome, my preference Chrome which Edge tried to kick out......

BLOG does NOT give buy or sell.

Saleem

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