Wednesday, April 18, 2018

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2708.64, high 2717.49, low 2703.63

RSI @ 55.62

CMF @ -0.147

Internals were :

UP volume led by 1.53 to 1 in NYSE & 1.45 to 1 in Nasdaq

Advancing stocks led by 1.26 to 1 in NYSE & 1.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 113 in Nasdaq

VIX UP 2.30% @ 15.60

Oil @ $68.47

Gold @ $1353.50

Stocks which were UP 1% or more included FSLR SQ
HAL OLED CTRP MU SHOP AMZN BABA ABX
CNQ EBAY FCX JKS LVS SPWR SU TECK
TSLA CHK TK RIG LNG WYNN CMG
AAL M CNX......

AH news....AXP UP 3.42%, AA UP 3.87%
                  EGHT UP 7.18%, SNBR Down 10.16%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About markets,TAPE closed mixed with Dow being down, some earnings like LRCX & IBM impacted indices. Oil @ new 3 year high which signifies worldwide growth in economic activity.Many stocks are showing renewed strength which is good for future price action in equities.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought FARO @ 63.30

A play on the modernization of factories and construction, they could be poised for more gains ahead.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with FARO...

Saleem