Monday, May 20, 2019

Indices closed down .33% to 1.47%......

Indices closed down

S&P 500 @ 2840.23, low 2831.29, high 2853.90

RSI @ 42.07

CMF @ 0.130

Internals were :

Down volume led by 1.70 to 1 in NYSE & 2.53 to 1 in Nasdaq

Declining stocks led by 2.03 to 1 in NYSE & 1.80 to 1 in Nasdaq

Net new 52 wk lows were leading by 52 in NYSE & 106 in Nasdaq

VIX UP 2.19% @ 16.31

Oil @ $63.10

Gold @ $1277.30

AH news....OCUL Down 9.2% , RUBI Down 7.19%

                   RP UP 8.43%, CIEN UP 3.84%

AH Futures UP

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE was under selling pressure due to fallout from Huawei ban by US government which impacted many chips and technology company. Internals were negative all over. Hopefully Huawei issue has seen its reaction and we can move forward from here.

BLOG does NOT give buy or sell.

Saleem

No comments: