Indices ignored Iraq & went on to close green.
S&P 500 @ 1937.78, high 1941.15, low 1930.91
RSI @ 62.02
CMF @ 0.513
Internals were :
UP volume led by .95 to 1 in NYSE & 1.48 to 1 in Nasdaq
Advancing stocks led by 1.04 to 1 in NYSE & 1.13 to 1 in Nasdaq
Net new 52 wk highs were leading by 141 in NYSE & 54 in Nasdaq
VIX UP 3.86% @ 12.65, high 12.87
Oil @ $106.90
Gold @ $1275.30
Stocks which were UP 1% or more included LULU SWIR
MU TWTR LEN TSL JKS CSIQ SPWR FSLR SU
TSLA PCLN AAPL INVN GTAT BSFT HIMX
CRUS LRCX SNDK PANW SPLK SLW
DATA CSOD....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE acted in a predictable manner, when there is too much fear & pessimism market turns UP. TAPE should build from here with anticipation of positive effect from Fed meeting & Q & A on Wednesday. Conviction is paying off & staying the course is working. Russell is marching ahead with major moves.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1937.78, high 1941.15, low 1930.91
RSI @ 62.02
CMF @ 0.513
Internals were :
UP volume led by .95 to 1 in NYSE & 1.48 to 1 in Nasdaq
Advancing stocks led by 1.04 to 1 in NYSE & 1.13 to 1 in Nasdaq
Net new 52 wk highs were leading by 141 in NYSE & 54 in Nasdaq
VIX UP 3.86% @ 12.65, high 12.87
Oil @ $106.90
Gold @ $1275.30
Stocks which were UP 1% or more included LULU SWIR
MU TWTR LEN TSL JKS CSIQ SPWR FSLR SU
TSLA PCLN AAPL INVN GTAT BSFT HIMX
CRUS LRCX SNDK PANW SPLK SLW
DATA CSOD....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE acted in a predictable manner, when there is too much fear & pessimism market turns UP. TAPE should build from here with anticipation of positive effect from Fed meeting & Q & A on Wednesday. Conviction is paying off & staying the course is working. Russell is marching ahead with major moves.
BLOG does NOT give buy or sell.
Saleem
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