Wednesday, January 2, 2019

Indices closed UP .08% to .46%....NICE !!!!

Indices closed UP.

S&P 500 @ 2510.03, high 2519.49, low 2467.47

RSI @ 42.13

CMF @ -0.156

Internals were :

UP volume led by 2.09 to 1 in NYSE & 2.86 to 1 in Nasdaq

Advancing stocks led by 2.09 to 1 in NYSE & 2.42 to 1 in Nasdaq

Net new 52 wk lows were leading by 86 in NYSE & 61 in Nasdaq

VIX Down 8.65% @ 23.22

Oil @ $46.54

Gold @ $1284.10

Stocks which were UP 2% or more included AMD MOMO NVDA
MU ROKU BIDU FB CGC PRNB AMAT AMZN CRUS JKS
YY ALDR CHK TK RIG SPWR WYNN LVS GS SINA
OSTK KBH CMG M CNX.....

AH news AAPL Down 7.51%, VECO Down 8.49%

               LITE Down 7.96%, MXWL UP 19.47%

AH Futures Down 

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE struggled whole day to stay green after slumping @ open. After hours AAPL threw a grenade by guiding sharply lower Sales. Hoping by close we may recover and close green like today.I will call today's close a victory for bulls.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought VRNS @ 49.58 on this dip.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with VRNS....

Saleem