Wednesday, April 24, 2019

Indices closed down .22% to .23%.....

Indices closed down.

S&P 500 @  2927.25, low 2926.05, high 2936.83

RSI @ 69.94

CMF @ 0.327

Internals were :

Down volume led by 1.47 to 1 in NYSE & .94 to 1 in Nasdaq

Declining stocks led by .99 to 1 in NYSE & 1.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 186 in NYSE & 85 in Nasdaq

VIX UP 7.00% @ 13.14

Oil @ $65.89

Gold @ $1279.40

Stocks which were UP 1% or more included AMD HUYA
NIU AEM VICR CRON CGC MRVL AMAT WYNN
MCD ULTA NKE CMG M......

AH news....FB UP 7.56%, NOW UP 4.45%

                 XLNX Down 8.52%, NTGR Down 7.33%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed near low of the day on poor quality of earnings @ open. We opened down then moved UP then quickly faded into close. AH earnings are strong for FB MSFT which reflects nicely in Nasdaq futures. Nasdaq made an Intraday all time high. Internals were mixed @ best.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold WDC @ 54.20 to take small profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought SMAR @ 41.92

Looks good for a breakout, and plays on the great numbers from NOW.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with SMAR

Saleem