Monday, 15 August 2016

Indices closed UP .28% to .56%....NICE !!!!

Indices closed UP

S&P 500 @ 2190.15, high 2193.81, low 2186.08

RSI @ 64.91

CMF @ 0.263

Internals were :

UP volume led by 2.90 to 1 in NYSE & 3.02 to 1 in Nasdaq

Advancing stocks led by 1.89 to 1 in NYSE & 2.24 to 1 in Nasdaq

Net new 52 wk highs were leading by 222 in NYSE & 203 in Nasdaq

VIX UP 2.25% @ 11.81

Oil @ $45.74

Gold @ $1347.50

Stocks which were UP 1% or more AKS CNQ NTES JCP UA VRX
KORS BIDU CTRP PANW SPLK LULU TWTR AAPL OLED
NXPI LVS WYNN JKS CSIQ LEN QRVO SINA WB CHK
SWN TK SSYS RIG FEYE LNG MU CIEN TCK CRUS 
DATA MGA MS FCX ZG AGU......

AH Futures Down

AH Asian markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong and we ended up @ new all time highs in all major indices. Internals were strong all over.Many sectors participated in today's rally, higher oil was the catalyst. Nasdaq RSI @ 71.45. 

BLOG does NOT give buy or sell.

Saleem

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