18:47
Unknown
S&P 500 @ 2176.94, low 2172.20, high 2179.22
RSI @ 62.29
CMF @ 0.051
Internals were :
UP volume led by .58 to 1 in NYSE & 1.29 to 1 in Nasdaq
Advancing stocks led by 1.11 to 1 in NYSE & 1.11 to 1 in Nasdaq
( not a typo )
Net new 52 wk highs were leading by 87 in NYSE & 172 in Nasdaq
VIX UP 2.62% @ 13.72
Oil @ $45.57
Gold @ $1223.90
AH ER...NTAP UP 10.8%, FSLR Down 12.34%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was mixed but Nasdaq showed strength. Sector rotation is playing a huge role since Wednesday, first it was financial, then Technology and Shipping stocks. Some gets overbought in the process. Stay with your high quality stocks, this rally has lot of momentum. Buy strategically when price is right.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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