Tuesday, January 21, 2020

Indices closed down .19% to .52%....

Indices closed down.

S&P 500 @ 3320.79, low 3316.61, high 3329.79

RSI @ 72.92

CMF @ 0.257

Internals were :

Down volume led by 1.91 to 1 in NYSE & 1.25 to 1 in Nasdaq

Declining stocks led by 1.56 to 1 in NYSE & 1.59 to 1 in Nasdaq

Net new 52 wk highs were leading by 390 in NYSE & 193 in Nasdaq

VIX UP 6.20% @ 12.85

Oil @ $58.38

Gold @ $1557.90

Canadian $ @ .6928

Portfolio SOXS

Stocks which closed UP 1% or more included MU ROKU
BYND NIO AMRN TSLA LYFT UBER AEM SHOP
AMZN OSTK KBH V.....

AH news...NFLX UP 2.26%, IBM UP 3.78%

                 NAVI UP 5.7%, NVAX Down 11.41%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE rested today after a marathon run, Internals were weak. For few trading days It is important to watch how we close, IF we close in lower half then you need to wait for next day's close to get an all clear for near term.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought BHVN @ 58.00 on heavy call activty and breakout chart potential

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with BHVN.....

Saleem