Monday, July 29, 2019

Indices closed mixed....

Indices closed mixed.

S&P 500 @ 3020.97, low 3014.30, high 3025.61

RSI @ 62.64

CMF @ 0.285

Internals were :

Down volume led by 1.46 to 1 in NYSE & 1.38 to 1 in Nasdaq

Declining stocks led by .99 to 1 in NYSE & 1.69 to 1 in Nasdaq

Net new 52 wk highs were leading by 232 in NYSE & 7 in Nasdaq

VIX UP 5.51% @ 12.83

Oil @ $56.87

Gold @ $1420.40

AH news....SSNC Down 19.80%, BYND Down 13.33%

                   RMBS Down 9.23%, CHGG UP 6.57%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was mixed most of the day and closed that way. DOW was the sole green close. China & USA started their marathon trade negotiations, there is an outside chance we may see some progress this time and world markets may rally on that sign of hope. Fed will speak its mind @ 2 PM on Wednesday, BUT it is all about AAPL earnings report after close on Tuesday.

BLOG does NOT give buy or sell.

Saleem

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