Thursday, December 12, 2019

Indices closed UP .73% to .86%...NICE!!!!

Indices closed UP.

S&P 500 @ 3168.57, high 3176.28, low 3138.47

RSI @ 67.04

CMF @ 0.369

Internals were :

UP volume led by 3.02 to 1 in NYSE & 2.48 to 1 in Nasdaq

Advancing stocks led by 1.89 to 1 in NYSE & 1.85 to 1 in Nasdaq

Net new 52 wk highs were leading by 491 in NYSE & 262 in Nasdaq

VIX Down 7.00% @ 13.94

Oil @ $59.18

Gold @ $1472.30

Stocks which were UP 3% or more included CIEN MRVL
AMD TSM TLRY BIDU MU AAL CGC CRON CTRP
RIG WYNN LVS OSTK TSM LRCX CNX.....

AH news...SRPT UP 29.45%, IHRT UP 12.98%

                  ASPU Down 6.62%, CHRS Down 3.84%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was strong and made new all time closing highs in Nasdaq & S&P 500. DOW made a new intraday all time high. SOX hit new all time closing high. All this euphoria because there is a signed trade deal between US & CHINA. Expect series of new all time highs on Friday and beyond. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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