Monday, April 1, 2019

Indices closed UP 1.16% to 1.29%....NICE !!!!

Indices closed UP.

S&P 500 @ 2867.19, high 2869.40, low 2848.63

RSI @ 65.61

CMF @ 0.127

Internals were :

UP volume led by 3.53 to 1 in NYSE & 2.74 to 1 in Nasdaq

Advancing stocks led by 2.99 to 1 in NYSE & 2.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 206 in NYSE 75 in Nasdaq

VIX Down 2.26% @ 13.40

Oil @ $61.59

Gold @ $1294.20

Stocks which were UP 3% or more included AMD ESTC IQ TSLA
MOMO HUYA BIDU WB ROKU AMAT CTRP JKS LRCX YY
OLED TK RIG SPWR WYNN LVS MGA MS SINA X....

AH news...CHUY UP 6.65%, YRCW Down 6.21%

                  LLNW Down 7.74%, KODK Down 8.01%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was in bullish mode after Chinese data came in better than expected and showed growth in Chinese economic activity, US economic data was also better than expected. Indices closed @ high of the day.S&P 500 has golden cross @ close which is very bullish. Internals were very strong and positive.

BLOG does NOT give buy or sell.

Saleem

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