Wednesday, November 21, 2018

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2649.93, high 2670.73, low 2649.82

RSI @ 37.28

CMF @ 0.055

Internals were :

UP volume led by 3.37 to 1 in NYSE & 2.54 to 1 in Nasdaq

Advancing stocks led by 2.77 to 1 in NYSE & 2.90 to 1 in Nasdaq

Net new 52 wk lows were leading by 180 in NYSE & 104 in Nasdaq

VIX Down 7.47% @ 20.80

Oil @ $54.63

Gold @ $1228.00

Stocks which were UP 2% or more included KORS BIDU MOMO
NIU LULU SPLK AEM GG ABX BZUN MTCH CGC TLRY
CRUS BABA CTRP JKS MRVL QRVO WB YY ALDR
RIG LNG WYNN LVS MGA SINA SU KBH CMG
AAL X M ......

AH futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE ended @ low of the day and gave up all the gains in DOW, Internals were the only bright spot, they remained strong until close. Many stocks participated in today's mixed TAPE. This market seems to be stuck in the mud and need some new major catalyst like China US trade agreement, otherwise we may resume bearish action. Most world markets are open on Thursday including Toronto. Next post on Friday around 7 PM, Friday NYSE closing @ 1 PM.

BLOG does NOT give buy or sell.

HAPPY THANKSGIVING !

Saleem



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