Monday, February 11, 2019

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2709.80, high 2718.05, low 2703.79

RSI @ 60.82

CMF @ 0.365

Internals were :

UP volume led by 1.45 to 1 in NYSE & 1.14 to 1 in Nasdaq

Advancing stocks led by 1.82 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk highs were leading by 86 in NYSE & 33 in Nasdaq

VIX UP 1.59% @ 15.97

Oil @ $52.41

Gold @ $1311.90

Stocks which were UP 2% or more included TSLA
WB SWN FEYE CIEN CSIQ MRVL OLED TK
FSLR JKS MLNX CMG X.....

AH news....BV UP 15.38%, PYX UP 12.04%

                    CHGG UP 9.48%, EA UP 6.03%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was in neutral mode waiting for development on shutdown and trade meeting with China & US, shutdown has an agreement / framework in place which is lifting futures.
I will call today's action as positive as mixed close is more than OK. We must watch how we close daily which is more important than open.

BLOG does NOT give buy or sell.

Saleem

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