Monday, April 8, 2019

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2895.77, high 2895.95, low 2880.78

RSI @ 70.28

CMF @ 0.203

Internals were :

UP volume led by 1.34 to 1 in NYSE & 1.46 to 1 in Nasdaq

Advancing stocks led by 1.11 to 1 in NYSE & .87 to 1 in Nasdaq

Net new 52 wk highs were leading by 102 in NYSE & 58 in Nasdaq

VIX UP 2.81% @ 13.18

Oil @ $64.40

Gold @ $1301.90

Stocks which closed green included TWTR
SHOP AMZN BIDU NVDA WB MTCH
NIU AAPL SPLK VICR FSLR SPWR
OLED QRVO NTNX TK LULU CMG
WYNN MGA SU ULTA SWKS.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed @ high of the day but DOW was dragged down by BA. Internals were mixed which is not bad considering we are near all time highs in most indices. We should be positive by close on " turnaround Tuesday "Oil keeps going UP in a straight line signifying healthy economies all over the world.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

One stock I definitely missed while gone last week was NIU. I guess I should have been a bit more patient there, but Chinese stocks are not always easy holds.

Stocktrader

Stocks100 said...

Hi Stocktrader,

NIU has been stellar since earnings report, they beat on all metrics.

YES...Chinese stocks are never easy...currently looking to buy 1 out of 2 candidates....

Saleem