Wednesday, March 27, 2019

Indices closed down .13% to .63%......

Indices closed down.

S&P 500 @ 2805.37, low 2787.72, high 2826.66

RSI @ 54.12

CMF @ 0.023

Internals were :

Down volume led by 2.10 to 1 in NYSE & 1.69 to 1 in Nasdaq

Declining stocks led by 1.26 to 1 in NYSE & 1.39 to 1 in Nasdaq

Net new 52 wk high were leading by 180 in NYSE & low by 1 in Nasdaq

VIX UP 3.20% @ 15.15

Oil @ $59.41

Gold @ $1310.40

AH news...VRNT UP 8.27%, LULU UP 9.09%

                  PVH UP 10.02%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE is trying to digest inverted yield curve which seems to have to have reversed already based on US 2, 5 10 & 30 year yield, it is all in ascending order the way it should be. Worldwide markets remains jittery due to weak economic data and fear of slowing economy or worse a recession.

BLOG does NOT give buy or sell.

Saleem

No comments: