Tuesday, February 12, 2019

Indices closed UP 1.29% to 1.49%....NICE !!!!

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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