19:45
Unknown
Indices closed near high of the day on higher oil & jobs data.
S&P 500 @ 2025.90, high 2029.61, low 2005.55
RSI @ 44.75
CMF @ -0.129
Internals were :
UP volume led by 3.24 to 1 in NYSE & 2.72 to 1 in Nasdaq
Advancing stocks led by 3.21 to 1 in NYSE & 2.09 to 1 in Nasdaq
Net new 52 wk highs were leading by 128 in NYSE & lows were leading by 8 in Nasdaq
VIX Down 8.57% @ 19.31
Oil @ $48.65
Gold @ $1210.70
Stocks which were UP 1% or more included NXPI
BITA LEN JCP OTEX LNKD BIDU KORS
AAPL LULU COH LVS AMZN DNKN
CMG YUM FFIV MA V FEYE MCD
FSLR SPWR HIMX LSCC JDSU
PANW M GMCR SBUX MGA
STLD CSOD MS TRLA Z
WYNN GS AGU TRIP....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE got an oversold bounce with relief from oil being UP. Hopefully, we will get a confirmation of this rally with another green close. Many strong stocks are @ very attractive price in this selling. Chinese stocks are getting a bid also. At start of any rally there are skeptics, which is a good thing for good TAPE action. Be patient with this rally as we may get close to new all time highs.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2025.90, high 2029.61, low 2005.55
RSI @ 44.75
CMF @ -0.129
Internals were :
UP volume led by 3.24 to 1 in NYSE & 2.72 to 1 in Nasdaq
Advancing stocks led by 3.21 to 1 in NYSE & 2.09 to 1 in Nasdaq
Net new 52 wk highs were leading by 128 in NYSE & lows were leading by 8 in Nasdaq
VIX Down 8.57% @ 19.31
Oil @ $48.65
Gold @ $1210.70
Stocks which were UP 1% or more included NXPI
BITA LEN JCP OTEX LNKD BIDU KORS
AAPL LULU COH LVS AMZN DNKN
CMG YUM FFIV MA V FEYE MCD
FSLR SPWR HIMX LSCC JDSU
PANW M GMCR SBUX MGA
STLD CSOD MS TRLA Z
WYNN GS AGU TRIP....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE got an oversold bounce with relief from oil being UP. Hopefully, we will get a confirmation of this rally with another green close. Many strong stocks are @ very attractive price in this selling. Chinese stocks are getting a bid also. At start of any rally there are skeptics, which is a good thing for good TAPE action. Be patient with this rally as we may get close to new all time highs.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
0 comments:
Post a Comment