Thursday, April 4, 2019

Indices closed mixed.......

Indices closed mixed.

S&P 500 @ 2879.33, high 2881.28, low 2867.14

RSI @ 67.63

CMF @ 0.212

Internals were :

UP volume led by 2.66 to 1 in NYSE & 1.32 to 1 in Nasdaq

Advancing stocks led by 1.82 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 102 in NYSE & 30 in Nasdaq

VIX Down 1.16% @ 13.58

Oil @ $62.10

Gold @ $1294.30

Stocks which closed green included ESTC
FB LULU BIDU PHM AEM BABA GOOG
MRVL CHK TK RIG WYNN LVS MGA MS
SINA MCD NKE KBH M CNX.....

AH news...COMM UP 7.73%, RARX UP 6.77%

                BOOT  UP 6.01%, RDN Down 4.98%

AH Futures UP

AH Asian markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong enough to close mixed with only Nasdaq slightly lower. S&P 500 closed UP 6 days in a row which happened 14 months ago, a very good show of strength, internals were strong. 830 AM its is all about jobs, expectations 175 K, miss or exceed, market has enough momentum to close green on Friday. On Friday's there is only one closing BLOG around 7 PM.

BLOG does NOT give buy or sell.

Saleem

No comments: