Monday, October 28, 2019

Indices closed UP .49% to 1.01%...NICE !!!!

Indices closed UP.

S&P 500 @ 3039.42, high 3044.08, low 3032.12

RSI @ 63.37

CMF @ -0.001

Internals were :

UP volume led by 1.26 to 1 in NYSE & 2.26 to 1 in Nasdaq

Advancing stocks led by 1.27 to 1 in NYSE & 1.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 246 in NYSE & 112 in Nasdaq

VIX UP 3.64% @ 13.11

Oil @ $55.81

Gold @ $1495.80

Stocks which were UP 2% or more included AMD BZUN LSCC
MSFT MOMO IQ LRCX SHOP ROKU VICR AMAT CRUS
BABA MA SINA X......

AH news....AMKR UP 14.89%, TXRH UP 10.5%

                  SANM Down 16.02%, BYND Down 9.88%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE continued its new all time highs run with S&P 500 making new & closing highs. Nasdaq all set for Tuesday new all time high run, while DOW may have to wait till this Thursday. Lot of M&A action making the rounds, all good for bargains in the market.

BLOG does NOT give buy or sell.

Saleem


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