Indices closed UP.
S&P 500 @ 2984.87, high 2989.82, low 2952.86
RSI @ 54.48
CMF @ 0.237
Internals were :
UP volume led by 1.71 to 1 in NYSE & 1.85 to 1 in Nasdaq
Advancing stocks led by 1.50 to 1 in NYSE & 1.42 to 1 in Nasdaq
Net new 52 wk highs were leading by 64 in NYSE & lows by 56 in Nasdaq
VIX Down 6.39% @ 15.96
Oil @ $56.49
Gold @ $1512.30
Stocks which were UP 3% or more included BZUN LSCC
BIDU IQ NVDA SHOP NFLX OSTK NKE.....
AH news....AVID UP 8.15%, OGI UP 7.63%
SNDL UP 6.6%, PIR Down 13.11%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was UP on deeply oversold conditions, can we make back to back gains will be confirmed by Thursday close. Nasdaq closed above 50 DMA to join DOW & S&P 500. Internals were mostly positive. Catalyst of all this positive action again was optimism for US & China trade deal.
BLOG does NOT give buy or sell.
Saleem
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