Wednesday, April 11, 2018

Indices closed down .36% to .90%......

Indices closed down.

S&P 500 @ 2642.19, low 2639.25, high 2661.43

RSI @ 47.04

CMF @ -0.247

Internals were :

Down volume led by 1.07 to 1 in NYSE & 1.24 to 1 in Nasdaq

Declining stocks led by .97 to 1 in NYSE & 1.06 to 1 in Nasdaq

Net new 52 wk highs were leading by 14 in NYSE & 33 in Nasdaq

VIX Down 1.12% @ 20.24

Oil @ $66.70

Gold @ $1360.00

Stocks which were UP 1% or more included MOMO SNAP
ABX GG KGC AEM CNQ MRVL NFLX QRVO SU 
VRX ALDR CHK TK RIG LNG FEYE MLNX
FNSR .....

AH news....BBBY Down 14.23%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was faced with a new problem of Syrian conflict getting more treacherous with US aggressive focus. After 2 tweets TAPE adjusted to a reasonable close. Internals were weak. Today's action is quite encouraging.

BLOG does NOT give buy or sell.

Saleem

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