Indices closed up.
S&P 500 @ 2329.12, high 2331.58, low 2321.42
RSI @ 72.95
CMF @ 0.300
Internals were :
UP volume led by 2.14 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 1.51 to 1 in NYSE & 1.39 to 1 in Nasdaq
Net new 52 wk highs were leading by 269 in NYSE & 274 in Nasdaq
VIX UP 2.03% @ 11.07
Oil @ $52.93
Gold @ $1225.80
Stocks which were UP 1% or more included FCX OCLR TECK
AKS NTES BAC FNSR CIEN C AMZN OLED TWTR JKS
CSIQ FSLR MSFT TSLA TK FEYE WB CTRP GS MS
SWIR AAL X M....
AH ER....CSOD UP 3.85%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE is strong and buying momentum continues. All major indices were in new all time high, a sign of confidence in this market. Stay in this market for maximum gains. Taking profit is OK and buying undervalued good stock is a good strategy. Stay diversified but keep an eye on gains in your portfolio.
BLOG does NOT give buy or sell.
Saleem
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