Wednesday, January 8, 2020

Indices closed UP .49% to .67%...NICE !!!!

Indices closed UP.

S&P 500 @ 3253.05, high 3267.07, low 3236.67

RSI @ 67.58

CMF @ 0.140

Internals were positive by 1.7 to 1

Net new 52 wk highs were leading by 91 in NYSE & by 109 in Nasdaq

VIX Down 2.47% @ 13.45

Oil @ $59.61

Gold @ $1560.20

Stocks which were UP by 2% included CLDR LSCC MOMO NIO
SPWR TSLA YY SQ M KBH YELP AAL PRNB NFLX IQ.....

AH news...BBBY Down 9.91%, ZBH Down 12.92%

                  MATX Down 7.87%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE enjoyed calm in international tension, market closed higher and Nasdaq closed @ new all time high. Internals were positive. While we are falling in love with this TAPE, make sure you are booking profit quicker than before. Do opportunistic buying for quick trade.

BLOG does NOT give buy or sell.

Saleem

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