Tuesday, 10 February 2015

Indices closed UP .79% to 1.30%...NICE !!!!

Indices closed @ high of the day.


S&P 500 @ 2068.59, high 2070.86, low 2048.62


RSI @ 56.38


CMF @ 0.148


Internals were :


UP volume led by 1.64 to 1 in NYSE & 3.06 to 1 in Nasdaq


Advancing stocks led by 1.31 to 1 in NYSE & 1.58 to 1 in Nasdaq


Net new 52 wk highs were leading by 51 in NYSE & 18 in Nasdaq


VIX Down 7.12% @ 17.23


Oil @ $50.02


Gold @ $1232.20


Stocks which were UP 2% or more included MU

FEYE SWIR YELP BIDU PCLN GOOGL

LVS WYNN CMG FFIV FSLR HIMX

CRUS SNDK BRCM VDSI PANW

NFLX SBUX CCJ DATA CSOD

TRIP.....


AH ER MKTO Down 6.25%, AKAM 4.89%


AH Futures Down


AH Asian Markets Mixed


AH Oil & Gold UP


About market, tonight IBD is changing its market outlook to "market in resumed uptrend". TAPE celebrated optimism about Greece willingness to compromise and work with EU, there may be few hiccups along the way, but by end of the month, everything should be resolved. Indices have been erratic, one day UP and one day Down, we may be setting up for a down day on Wednesday, good day to add on weakness.


BLOG does NOT give buy or sell.


Saleem

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