Wednesday, April 10, 2019

Indices closed UP .03% to .69%...NICE !!!!

Indices closed UP.

S&P 500 @ 2888.21, high 2889.71, low 2879.13

RSI @ 65.78

CMF @ 0.210

Internals were :

UP volume led by 1.66 to 1 in NYSE & 2.66 to 1 in Nasdaq

Advancing stocks led by 2.85 to 1 in NYSE & 2.26 to 1 in Nasdaq

Net new 52 wk highs were leading by 146 in NYSE & 37 in Nasdaq

VIX Down 6.86% @ 13.30

Oil @ $64.62

Gold @ $1313.90

Stocks which were UP 2% or more included AMD
AAL FSLR MRVL TK SPWR OSTK KBH....

AH news...BBBY Down 9.48%, YEXT Down 3.85%

                  BJ UP 2.77%, PWLW UP 5.51%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under some pressure after release of Fed minutes which stated that interest rate may have to be raised IF economy improves, market took this in stride and closed @ high of the day. Internals were positive. Chinese stocks took another day of breather, hopefully Thursday they will find their footing.

BLOG does NOT give buy or sell.

Saleem 

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