Wednesday, November 13, 2019

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 3093.91, high 3098.06, low 3078.80

RSI @ 69.14

CMF @ 0.198

Internals were :

Down volume led by 1.47 to 1 in NYSE & 1.16 to 1 in Nasdaq

Declining stocks led by 1.17 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new 52 wk highs were leading by 37 in NYSE & lows by 22 in Nasdaq

VIX UP 2.52% @ 13.00

Oil @ $57.12

Gold @ $1463.30

AH news....CSCO Down 5.12%, BZH Down 5.86%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE struggled whole day but managed to get mixed close. DOW made a brand new all time high and closing high. S&P 500 made a closing high also. Fed speech and impeachment proceeding kept pressure @ start but trade issues between CHINA & USA took a big hit mid day, we did recoup some of the losses from trade slump by close, a good ending for the market.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold PSNL @ 10.31

Lower growth, lower margins, and high single customer concentration lead me to exit here. It has been a disappointment.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with next picks!

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold VICR @ 39.15 to take profits

Stocktrader