Monday, 14 October 2013

Indices closed UP .41% to .62%.....NICE !!!!

Indices closed near high of the day on progress made in Senate.


S&P 500 @ 1710.14, high 1711.03


RSI @ 58.72


CMF @ 0.074


Internals were :


UP volume led by 2.07 to 1 in NYSE & 2.46 to 1 in Nasdaq


Advancing stocks led by 1.39 to 1 in NYSE & 1.63 to 1 in Nasdaq


Net new 52 wk highs were leading by 160 in NYSE & 174 in Nasdaq


VIX UP 2.23% @ 16.07


Oil @ $102.41


Gold $1276.60


Stocks which were UP 1% or more included AMCC MU

CLDX TRIP GMCR NFLX DNKN CSIQ SPWR

RVBD CRUS SNDK CIEN KORS X STLD

WLT RALY YELP....


AH Futures UP


AH Asian Markets Mixed


AH Oil & Gold Down


About market, TAPE responded positively to new progress being made in Senate to resolve shutdown & Debt limit. House may show its usual by changing anything passed by Senate, expect killing time till Thursday deadline. In the meantime TAPE may make new highs & we may see sell the news "because its priced in by the time everything is passed".....


BLOG does NOT give buy or sell.


Saleem

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