Thursday, January 30, 2020

Indices closed UP .26% to .43%....NICE !!!!!

Indices closed UP.

S&P 500 @ 3283.66, high 3285.91, low 3242.80

RSI @ 55.88

CMF @ 0.202

Internals were :

UP volume led by 1.06 to 1 in NYSE & 1.08 to 1 in Nasdaq

Declining stocks led by 1.01 to 1 in NYSE & 1.32 to 1 in Nasdaq

Net new 52 wk highs were leading by 138 in NYSE & 3 in Nasdaq

VIX Down 5.49% @ 15.49

Oil @ $52.14

Gold @ $1589.20

Canadian $ @ .6779

Portfolio LSCC LK MRVL QCOM

Stocks which closed green included MOMO ROKU AMD
BYND NVDA TLRY SPWR MCD TWLO MSFT TSLA
LYFT NEM AEM LRCX SHOP AAL SPLK AMAT
CRUS NFLX NTNX LNG WYNN LVS GS MA 
MS V CNX.....

AH news...AMZN UP 9.85%, WDC UP 6.03%

                  X UP 5.21%, CLS UP 5.03%

                  IBM UP 4.72%, BZH Down 7.26%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE tested its support on growing Corona Virus death and infected, many countries are doing a good job of containment. WHO declared Global emergency but no restrictions on travel, this became buy the news and market erased all losses and closed in green. Indices closed @ high of the day setting stage for a strong Friday's rally. AH AMZN lit the fire for bulls, all is well on Wall & Broad!

BLOG does NOT give buy or sell.

Saleem




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