Tuesday, May 21, 2019

Indices closed UP .77% to 1.08%....NICE !!!!

Indices closed UP.

S&P 500 @ 2864.36, high 2868.88, low 2854.02

RSI @ 47.52

CMF @ 0.104

Internals were :

UP volume led by 4.90 to 1 in NYSE & 3.39 to 1 in Nasdaq

Advancing stocks led by 3.56 to 1 in NYSE & 2.30 to 1 in Nasdaq

Net new 52 wk high led by 57 in NYSE & low by 12 in Nasdaq

VIX Down 8.34% @ 14.95

Oil @ $62.99

Gold @ $1273.20

Stocks which were UP by 2% or more BZUN SQ
AMD HUYA MU IQ SHOP BIDU NVDA WB
ROKU SPLK VICR FSLR CRON CGC JKS
AMAT MRVL OLED YY NTNX ALDR
CHK RIG FSLR SINA OSTK SWKS
X......

AH news...EXPR Down 4.35%, URBN Down 5.78%

                  JWN Down 9.25%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong and closed near high of the day. Huawei got some delay in enforcement by 90 days that triggered a rally. Most of the internals were positive and strong.Hopefully we will close green on Wednesday.

BLOG does NOT give buy or sell.

Saleem

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