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:

stocktrader_1996 said...

Hi Saleem,

Bought HUBS @ 163.99 on the secondary

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Rebought SAIL @ 31.25

Stocktrader

stocktrader_1996 said...

Hi Saleem,

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

Stocktrader

stocktrader_1996 said...

Hi Saleem,

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

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with HUBS & SAIL.

Interesting action in CRM.

Saleem