19:29
Unknown
Indices closed UP & made new all time closing highs in Dow & S&P 500.
S&P 500 @ 1951.27, high 1955.55, low 1947.16
RSI @ 73.73
CMF @ 0.465
Internals were :
UP volume led by 1.48 to 1 in NYSE & 1.88 to 1 in Nasdaq
Advancing stocks led by 1.59 to 1 in NYSE & 2.25 to 1 in Nasdaq
Net new 52 wk highs were leading by 288 in NYSE & 158 in Nasdaq
VIX UP 3.91% @ 11.15
Oil @ $104.41
Gold @ $1253.90
Stocks which were UP 1% or more included
WUBA FRPN LULU OWW SWIR
YY TWTR COH AAPL JKS GTAT HIMX
AMCC CIEN JDSU C SINA SU SPLK CCJ CSOD MLNX
AH Futures Down
AH Asian Markets Down
AH Oil & Gold UP
About market, TAPE continued its new all time high run in DOW & S&P 500. Internals remained strong. It is important to look @ RSI of your portfolio, anything near 70 is extremely vulnerable to sharp pullbacks. Try to rotate from high RSI to low RSI stocks @ this stage of market, rotation will reward low RSI.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1951.27, high 1955.55, low 1947.16
RSI @ 73.73
CMF @ 0.465
Internals were :
UP volume led by 1.48 to 1 in NYSE & 1.88 to 1 in Nasdaq
Advancing stocks led by 1.59 to 1 in NYSE & 2.25 to 1 in Nasdaq
Net new 52 wk highs were leading by 288 in NYSE & 158 in Nasdaq
VIX UP 3.91% @ 11.15
Oil @ $104.41
Gold @ $1253.90
Stocks which were UP 1% or more included
WUBA FRPN LULU OWW SWIR
YY TWTR COH AAPL JKS GTAT HIMX
AMCC CIEN JDSU C SINA SU SPLK CCJ CSOD MLNX
AH Futures Down
AH Asian Markets Down
AH Oil & Gold UP
About market, TAPE continued its new all time high run in DOW & S&P 500. Internals remained strong. It is important to look @ RSI of your portfolio, anything near 70 is extremely vulnerable to sharp pullbacks. Try to rotate from high RSI to low RSI stocks @ this stage of market, rotation will reward low RSI.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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