Thursday, March 15, 2018

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2747.33, low 2741.47, high 2763.03

RSI @ 52.07

CMF @ -0.013

Internals were :

Down volume led by 1.94 to 1 in NYSE & 1.59 to 1 in Nasdaq

Declining stocks led by 1.72 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk low were leading by 82 in NYSE & highs by 111 in Nasdaq

VIX Down 3.71% @ 16.59

Oil @ $61.19

Gold @ $1317.80

AH news..OSTK Down 13.9%,KODK UP 8.08%
                ADBE UP 3.76%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE continues to be sloppy with trade war anxiety, unless we get a major change of position it may get worse.Internals were mostly negative. This TAPE has entered a major uncertain period and i expect it to stay sloppy. Stay with strong stocks as they are performing well, Chinese ADR's have come to life even on down days.There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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