Thursday 23 June 2016

Indices closed UP 1.29% to 1.59%....NICE !!!!

Indices closed UP.

S&P 500 @ 2113.32, high 2113.32, low 2092.80

RSI @ 61.16

CMF @ 0.152

Internals were :

UP volume led by 9.19 to 1 in NYSE & 5.75 to 1 in Nasdaq

Advancing stocks led by 4.98 to 1 in NYSE & 3.57 to 1 in Nasdaq

Net new 52 wk highs were leading by 205 in NYSE & 67 in Nasdaq

VIX Down 18.52% @ 17.25

Oil @ $50.11

Gold @ $1263.10

Stocks which were UP 3% CNQ CMG NTES TWTR
LNG SPLK SPWR QRVO SU SINA SU SSYS
TK RIG FEYE VDSI YELP TCK CRUS
CSOD MS GS.......

AH ER...DLTR UP 2.19%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was on fire and closed @ absolute high of the day on optimism about stay voting.Internals were super strong. Early report tonight is putting a damper on stay vote as leave is showing early lead, US$ is strong, Gold is UP and oil is down. By open tomorrow we will have the final result which comes out @ around 2 AM. Friday there is a closing BLOG only around 7 PM.

BLOG does NOT give buy or sell.

Saleem 

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