Tuesday, October 15, 2019

Indices closed UP .89% to 1.24%...NICE !!!!

Indices closed UP.

S&P 500 @ 2995.68, high 3003.28, low 2973.61

RSI @ 57.27

CMF @ -0.091

Internals were :

UP volume led by 2.84 to 1 in NYSE & 2.92 to 1 in Nasdaq

Advancing stocks led by 1.88 to 1 in NYSE & 2.56 to 1 in Nasdaq

Net new 52 wk highs were leading by 111 in NYSE & lows by 5 in Nasdaq

VIX Down 7.07% @ 13.54

Oil @ $52.81

Gold @ $1483.50

Stocks which were UP 1% or more included BZUN LSCC TWTR
BIDU MOMO MRVL FB IQ HUYA SQ NVDA LYFT UBER
MU LRCX AMZN WB MTCH FEYE ROKU VICR CGC
CRON TLRY AMAT BABA GOOG QRVO YY WYNN
MGA OSTK MSFT SWKS KBH XLNX X M CNX....

AH news....TER UP 5.37%, WDAY Down 3.12%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE had a solid advance where just about every sector participated except gold, that is a very convincing UP market. Internals were mostly positive and strong. Financials were the big catalyst today with good earnings and guidance. Hoping for a positive close on Wednesday to confirm this momentum.

BLOG does NOT give buy or sell.

Saleem

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