Indices closed UP .46% to .72%.....NICE !!!!

Indices closed UP after some hesitation.


S&P 500 @ 1938.99, high 1942.92, low 1921.20


RSI @ 41.18


CMF @ 0.050


Internals were :


UP volume led by 2.56 to 1 in NYSE & 2.27 to 1 in Nasdaq


Advancing stocks led by 1.60 to 1 in NYSE & 1.70 to 1 in Nasdaq


Net new 52 wk lows were leading by 43 in NYSE & 58 in Nasdaq


VIX Down 11.22% @ 15.12


Oil @ $98.29


Gold @ $1287.70


Stocks which were UP 1% or more included FB MU SWIR

QIHU GTAT WUBA YY YELP YHOO BIDU TSLA

PCLN GOOGL GRPN OWW COH LVS KOG

CSIQ AMZN SINA CMG SU EBAY FSLR

INVN HIMX SNDK PANW M SPLK

X STLD CCJ DATA CSOD MGA

WLT Z WYNN AGU.....


AH ER ...GTAT UP 11.26%, SALE Down 20.75%


AH Futures Down


AH Asian Markets Down


AH Oil UP


AH Gold Down


About market, TAPE staged an oversold bounce on low volume. TAPE may remain erratic & we have to watch for direction. Nasdaq is well above 50 DMA which may be telling us that there is strength in some techs, overall direction for other stocks may be challenged. This remains a trading market & profit may be difficult to keep unless you book it quickly.


BLOG does NOT give buy or sell.


Saleem

Posted in: Mixed