Indices closed UP.
S&P 500 @ 2744.73, high 2748.19, low 2722.81
RSI @ 65.88
CMF @ 0.386
UP volume led by 3.69 to 1 in NYSE & 2.87 to 1 in Nasdaq
Advancing stocks led by 3.28 to 1 in NYSE & 2.83 to 1 in Nasdaq
Net new 52 wk highs were leading by 98 in NYSE & 67 in Nasdaq
VIX Down 3.38% @ 15.43
Oil @ $53.10
Gold @ $1314,00
Stocks which were UP 3% or more included MOMO HYA NVDA
MU WB ROKU PHM LULU NFLX OLED YY SINA OSTK
KBH......
AH news....TWLO Down 5.31%, AQ Down 16.85%
JCOM UP 10.65%, UIS UP 12.21%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE reacted well to framework to prevent US government shutdown. President Trump is sowing flexibility in extending March 1st deadline to impose across the board duties on all Chinese imports, nice to see compromise being made, do not expect any agreement until end of March, these things takes long time to resolve. Many positive in market which may propel this TAPE higher.
BLOG does NOT give buy or sell.
Saleem
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