Wednesday 25 November 2015

Indices closed mixed....

Indices closed mixed on a slow volume day prior to Thanksgiving. Friday is a half day trading only. Rest of the world exchanges are open full day Thursday & Friday.

S&P 500 @ 2088.87, low 2086.30, high 2093.00

RSI @ 58.09

CMF @ -0.037

Internals were :

UP volume led by .92 to 1 in NYSE & 1.95 to 1 in Nasdaq

Advancing stocks led by 1.57 to 1 in NYSE & 1.94 to 1 in Nasdaq

Net new 52 wk highs were leading by 46 in NYSE & by 46 in Nasdaq ( not a typo )

VIX Down 4.65% @ 15.19

Oil @ $43.04

Gold @ $1070.00

Canadian $ @ 67.08

Portfolio BBRY CNQ CY FB FIT LULU MU VDSI

Stocks which closed UP 1% or more included CY FIT VDSI
NTES JKS BITA TWTR TSL FEYE BABA GPRO NXPI
TSLA CSIQ SINA EXPE ANTH YELP QIHU AMBA
M GMCR X DATA CSOD......

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE digested its gains and remained unchanged, internals were stronger than previous days. Rotation is going on within many sectors. Some strong stocks took a breather today.Expect a positive half day on Friday.

There will be a closing BLOG on Friday.

Enjoy Thanksgiving holidays !

BLOG does NOT give buy or sell.

Saleem

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