Tuesday, 6 September 2016

Indices closed UP .25% to .50%...NICE !!!!

Indices closed UP.

S&P 500 @ 2186.48, high 2186.57, low 2175.10

RSI @ 58.58

CMF @ 0.167

Internals were :

UP volume led by 1.88 to 1 in NYSE & 1.44 to 1 in Nasdaq

Advancing stocks led by 1.43 to 1 in NYSE & 1.15 to 1 in Nasdaq

Net new 52 wk highs were leading by 242 in NYSE & 217 in Nasdaq

VIX UP .33% @ 12.02

Oil @ $44.83

Gold @ $1354.00

Stocks which were UP 2% or more included AKS GG VRX 
NTES TSLA BIDU AMZN SPLK FB EGO ABX KGC
CSIQ YHOO SINA TK RIG FEYE WB LNG CHK
BABA YELP FSLR TCK SLW AEM FCX....

AH News ....CMG UP 6.38%, AMD Down 3.54%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE ignored weak US economic data and closed @ high of the day, Nasdaq closed @ new all time high, other indices are poised to do the same. Internals were strong, and Nasdaq starry stocks were shining bright. Expect another strong close and new record highs.

BLOG does NOT give buy or sell.

Saleem




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