Tuesday, November 19, 2019

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 3120.18, low 3113.47, high 3127.64

RSI @ 73.42

CMF @ 0.336

Internals were :

Down volume led by 1.36 to 1 in NYSE & .76 to 1 in Nasdaq

Declining stocks led by 1.04 to 1 in NYSE & .68 to 1 in Nasdaq

Net new 52 wk highs were leading by 119 in NYSE & 43 in Nasdaq

VIX UP 3.21% @ 12.86

Oil @ $55.21

Gold @ $1474.30

Stocks which closed green included SQ AMD SPWR
JKS FSLR TWLO FB MRVL TSLA UBER MTCH
AAL CGC CRON YY MA V.....

AH news...BCRX UP 9.14%, URBN Down 16.33%

                  AMRN Down 4.4%

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE closed mixed with Nasdaq making another all time high. Internals remains weak. A pullback is long overdue, never fight for last $. Earnings were less than stellar this morning and trade rhetoric is heating up again, not a good thing in this highly elevated market.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold VYGR @ 14.02 on this pop

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good move in booking gains$$$$

Saleem

stocktrader_1996 said...

Hi Saleem,

Rebought VICR @ 38.75

Stocktreader

Stocks100 said...


Hi Stocktrader,

Good luck with VICR!

Saleem