Thursday, November 21, 2019

Indices closed down .16% to .24%......

Indices closed down.

S&P 500 @ 3103.54, low 3094.55, high 3110.11

RSI @ 65.15

CMF @ 0.296

Internals were :

Down volume led by .91 to 1 in NYSE & 1.23 to 1 in Nasdaq

Declining stocks led by 1.55 to 1 in NYSE & 1.37 to 1 in Nasdaq

Net new 52 wk lows were leading by 20 in NYSE & 19 in Nasdaq

VIX UP 2.74% @ 13.13

Oil @ $58.58

Gold @ $1463.60

AH news....PSTG Down 23.93%, SPLK UP 5.57%

                   JWN UP 8.25%

AH futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE closed down, all internals were negative. DOW closed down 3 days in a row. Looks like It may be all the pullback there is, Friday's close could confirm that. Buy or add strong stocks which will move quickly higher, check RSI for relative value. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

3 comments:

  1. Hi Saleem,

    Sold DDOG @ 41.85 to take profits

    Stocktrader

    ReplyDelete
  2. Hi Saleem,

    Uh, didn't expect this, but bought it back @ 40.24

    Take what the market gives you I guess.

    Stocktrader

    ReplyDelete

  3. Hi Stocktrader,

    Good luck with DDOG....

    Saleem

    ReplyDelete