Tuesday, July 16, 2019

Indices closed down .09% to .43%.....

Indices closed down.

S&P 500 @ 3004.04, low 3001.15, high 3015.02

RSI @ 66.75

CMF @ 0.129

Internals were :

Down volume led by 1.50 to 1 in NYSE & 1.20 to 1 in Nasdaq

Declining stocks led by 1.06 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 169 in NYSE & 39 in Nasdaq

VIX UP 1.42% @ 12.86

Oil @ $57.62

Gold @ $1411.20

AH news....QCOM UP 5.58%, ORN UP 21.69%

                    CSX Down 6.29%, NUS Down 17.93%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed near low of the day on old issue of China & US trade deadlock, there were some positive development in International arena as Iran is showing willingness to reduce their missile program which US is happy about which resulted in oil slumping mid day. Turnaround Tuesday should be interesting when it comes to closing time.

BLOG does NOT give buy or sell.

Saleem

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