Tuesday, February 18, 2020

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 3370.29, low 3355.61, high 3375.01

RSI @ 63.26

CMF @ 0.107

Internals were :

Down volume led by 1.59 to 1 in NYSE & .80 to 1 in Nasdaq

Declining stocks led by 1.37 to 1 in NYSE & 1.20 to 1 in Nasdaq

Net new 52 wk highs were leading by 279 in NYSE & 138 in Nasdaq

VIX UP 8.41% @ 14.83

Oil @ $52.05

Gold @ $1603.60

Canadian $ @ .6739

Portfolio HUYA LSCC LK MRVL QCOM

Stocks which closed green included LK
LYFT AMD BYND TWTR LULU 
AMRN SPWR MSFT FB NEM
UBER GLD PRNB NFLX 
NTNX WYNN ULTA 
CMG PANW.....

AH news...SEDG UP 5.19%, GRPN Down 24.26%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was given a jolt by AAPL which revised its guidance downwards based on Chinese Sales and impact of Corona Virus. Many chips stocks slumped in sympathy of this negative impact on sales. Nasdaq fought its way back and closed in green, which is an example of inflow of money into US equities. All indices closed near best level of the day.

BLOG does NOT give buy or sell.

Saleem

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