Thursday, June 20, 2019

Indices closed UP .80% to .95%....NICE !!!!

Indices closed UP.

S&P 500 @ 2954.18, high 2958.06, low 2931.50

RSI @ 68.66

CMF @ 0.005

Internals were :

UP volume led by 4.19 to 1 in NYSE & 1.78 to 1 in Nasdaq

Advancing stocks led by 3.15 to 1 in NYSE & 1.44 to 1 in Nasdaq

Net new 52 wk highs were leading by 520 in NYSE & 168 in Nasdaq

VIX UP 2.93% @ 14.75

Oil @ $56.65

Gold @ $1396.90

Stocks which were UP 1% or more included SQ BZUN
FB LRCX MOMO WB PHM SPLK AEM VICR 
CRON CGC TLRY PRNB AMAT BABA NTNX
AMAT CHK RIG MA MGA ORCL SINA SU
TSM NKE KBH IBM V CNX.....

AH news....DRH Down 6.92%,BYND Down 4.17%

AH futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was supercharged with enthusiasm over Fed statement of lower rates ahead. S&P 500 and DOW made a new all time highs. Nasdaq is the next in line for new all time high. Technology stocks are lagging behind due to trade issues with China. Chinese stocks are also laggards due to slowing economy in China. Next week we may pick up the pace in lagging sectors. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...

Hi Stocktrader,

Bought BZUN @ $49.30.

Saleem

stocktrader_1996 said...

Hi Saleem,

Nice rebuy, good luck with BZUN again!

Stocktrader