Thursday, 19 December 2013

Indices closed mixed.....

Indices closed mixed after a huge run, Dow managed to close @ another record high.


S&P 500 @ 1809.60, high 1810.88


RSI @ 59.95


CMF @ 0.051


Internals were :


Down volume led by 1.22 to 1 in NYSE & 1.33 to 1 in Nasdaq


Declining stocks led by 1.36 to 1 in NYSE & 1.59 to 1 in Nasdaq


Net new 52 wk highs were leading by 68 in NYSE & 102 in Nasdaq


VIX UP 2.54% @ 14.15


Oil @ $98.77


Gold @ $1193.60


AH ER NKE Down .95% TIBX Down 9.93% RHT UP 12.43%


AH Futures UP


AH Asian Markets Mixed


AH Oil Down


AH Gold UP


About market, TAPE rested today, i am expecting a strong close on Friday Option Expiry. TAPE is all set to make series of new highs. Positioning for Year end rally & 2014 is a good strategy.


BLOG does NOT give buy or sell.


Saleem

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