Thursday, April 25, 2019

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2926.17, low 2912.84, high 2933.40

RSI @ 69.41

CMF @ 0.344

Internals were :

Down volume led by 1.93 to 1 in NYSE & 1.48 to 1 in Nasdaq

Declining stocks led by 1.80 to 1 in NYSE & 1.47 to 1 in Nasdaq

Net new 52 wk highs were leading by 61 in NYSE & 22 in Nasdaq

VIX UP .84% @ 13.25

Oil @ $65.21

Gold @ $1279.70

AH news...MAT UP 12.38%, OMCL UP 11.93%

                  INTC Down 7.10%, PFPT Down 6.34%

AH futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE was lackluster today with MMM overtaking all the good news from FB, in the end we could muster a barely mixed close.After hour tonight earnings were INTC will dominate on the downside as its guidance was weaker than expected. AMZN had a lukewarm reception to its beat. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold PANW @ 244.78 to take profits and on datacenter weakness

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought URI @ 138.31

Impressive earnings again coupled with inexpensive valuation puts a chart breakout into clear view.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with URI

Saleem