Wednesday, April 3, 2019

Indices closed UP .15% to .60%....NICE !!!!

Indices closed UP.

S&P 500 @ 2873.40, high 2885.24, low 2865.17

RSI @ 66.63

CMF @ 0.165

Internals were :

UP volume led by 1.08 to 1 in NYSE & 2.20 to 1 in Nasdaq

Advancing stocks led by 1.51 to 1 in NYSE & 1.43 to 1 in Nasdaq

Net new 52 wk highs were leading by 150 in NYSE & 65 in Nasdaq

VIX UP 2.84% @ 13.74

Oil @ $62.46

Gold @ $1295.30

Stocks which were UP 2% or more included AMD TSLA
MU BZUN BIDU NVDA WB NIU AAL VICR AMAT
CRUS JKS LRCX MRVL OLED SPWR SINA....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE manged to close higher. Lot of technical milestone being made today, SOX @ new all time high @ close. DOW, S&P 500 & Nasdaq are all within 2% to 2.6% from all time high. I expect all indices  / Index to make series of all time highs.S&P 500 & Nasdaq closed higher 5 days in a row. Internals were all positive.

BLOG does NOT give buy or sell.

Saleem

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