Monday, November 18, 2019

Indices closed UP .05% to .11%....NICE !!!!

Indices closed UP.

S&P 500 @ 3122.03, high 3124.17, low 3112.06

RSI @ 74.37

CMF @ 0.293

Internals were :

Down volume led by 1.49 to 1 in NYSE & .95 to 1 in Nasdaq

Declining stocks led by 1.20 to 1 in NYSE & 1.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 142 in NYSE & 36 in Nasdaq

VIX UP 3.40% @ 12.46

Oil @ $57.05

Gold @ $1471.90

Stocks which were UP 1% or more included SQ 
NVDA AMD TWLO MOMO FB IQ HUYA
LYFT NEM SHOP MTCH ROKU PHM 
SPLK CTRP NFLX WYNN SINA 
NKE KBH CMG X.....

AH news....CLVS UP 9.07%, PIR UP 5.11%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed green after weak open. Internals were weak which is a concern on new all time high close. Trade and politics may trigger much needed pullback. I have reduced my exposure by 40% to adjust for overbought market. It is a traders market even a daytrader environment.

BLOG does NOT give buy or sell.

Saleem

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