Wednesday, February 13, 2019

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

Indices closed UP.

S&P 500 @ 2753.03, high 2761.85, low 2748.63

RSI @ 66.97

CMF @ 0.334

Internals were :

UP volume led by 1.45 to 1 in NYSE & 1.62 to 1 in Nasdaq

Advancing stocks led by 1.84 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 91 in NYSE & 54 in Nasdaq

VIX UP 1.43% @ 15.65

Oil @ 53.90

Gold @ $1315.10

Stocks which were UP 2% or more included TWTR
MOMO BIDU ROKU CRON CGC PRNB EAF
CHK SPWR MU.....

AH news...AVP UP 8.62%, YELP UP 5.95%

                 SWIR Down 21.42%, FOSL Down 15.98%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE continued its optimism over two issues facing US market, trade with China & Government shutdown. Indices closed over the key resistance of 200 DMA in Dow & S&P 500.Market internals were positive. RSI is flashing caution with close to 70 area.

BLOG does NOT give buy or sell.

Saleem

5 comments:

  1. Hi Saleem,

    Bought HUBS @ 163.99 on the secondary

    Stocktrader

    ReplyDelete
  2. Hi Saleem,

    Rebought SAIL @ 31.25

    Stocktrader

    ReplyDelete
  3. Hi Saleem,

    It looks like software stocks might roll over hard here, watching CRM for the signal.

    Stocktrader

    ReplyDelete
  4. Hi Saleem,

    It looks like today is not that selloff today for software--wow are they resilient!

    Stocktrader

    ReplyDelete

  5. Hi Stocktrader,

    Good luck with HUBS & SAIL.

    Interesting action in CRM.

    Saleem

    ReplyDelete