Indices closed mixed.
S&P 500 @ 2002.28, low 1994.85, high 2006.12
RSI @ 65.59
CMF @ 0.267
Internals were :
UP volume led by .88 to 1 in NYSE & 1.57 to 1 in Nasdaq
Advancing stocks led by .93 to 1 in NYSE & 1.46 to 1 in Nasdaq
Net new 52 wk highs were leading by 209 in NYSE & 98 in Nasdaq
VIX UP 2.25% @ 12.25
Oil @ $92.88
Gold @ $1265.00
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE continues its record run with S&P 500 @ new all time high while Nasdaq notched another 14 year high. Nasdaq big caps were the star of the day by showing impressive gains. Dow was the only laggard on record game. Looks like we had a minor flattish day today, but we may be setting UP for a strong day again. Strong stocks are running away towards new highs, giving hope for strength in the TAPE going forward. Internals remained positive for the most part. Calls for pullbacks are not happening.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2002.28, low 1994.85, high 2006.12
RSI @ 65.59
CMF @ 0.267
Internals were :
UP volume led by .88 to 1 in NYSE & 1.57 to 1 in Nasdaq
Advancing stocks led by .93 to 1 in NYSE & 1.46 to 1 in Nasdaq
Net new 52 wk highs were leading by 209 in NYSE & 98 in Nasdaq
VIX UP 2.25% @ 12.25
Oil @ $92.88
Gold @ $1265.00
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE continues its record run with S&P 500 @ new all time high while Nasdaq notched another 14 year high. Nasdaq big caps were the star of the day by showing impressive gains. Dow was the only laggard on record game. Looks like we had a minor flattish day today, but we may be setting UP for a strong day again. Strong stocks are running away towards new highs, giving hope for strength in the TAPE going forward. Internals remained positive for the most part. Calls for pullbacks are not happening.
BLOG does NOT give buy or sell.
Saleem
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