Monday, June 24, 2019

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2945.35, low 2944.05, high 2954.02

RSI @ 65.92

CMF @ -0.025

Internals were :

Down volume led by 1.70 to 1 in NYSE & 1.26 to 1 in Nasdaq

Declining stocks led by 1.44 to 1 in NYSE & 2.27 to 1 in Nasdaq

Net new 52 wk highs were leading by 147 in NYSE & lows by 27 in Nasdaq

VIX Down .91% @ 15.26

Oil @ $57.90

Gold @ $1418.20

Stocks which were UP 1% or more included IQ TWTR
HUYA MOMO MTCH AEM CGC CTRP QRVO 
TK YELP ORCL TSM......

AH news....SINA UP 4.14%, USNA UP 8.52%

AH futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed mixed which was not a bad thing.There was a news vacuum on all front about any major change in tension about Iran or China US trade, on the contrary new sanctions were announced against Iran thus stick approach continued, only carrot will be positive for market. Market remains in wait and see mode.

BLOG does NOT give buy or sell.

Saleem

No comments: