Wednesday 11 October 2017

Indices closed UP .18% to .25%....NICE !!!!

Indices closed UP.

S&P 500 @ 2555.24, high 2555.24, low 2547.95

RSI @ 75.40

CMF @ 0.478

Internals were :

UP volume led by 1.13 to 1 in NYSE & .99 to 1 in Nasdaq

Advancing stocks led by 1.47 to 1 in NYSE & 1.01 to 1 in Nasdaq

Net new 52 wk highs were leading by 175 in NYSE & 192 in Nasdaq

VIX Down 2.28% @ 9.85

Oil @ $51.30

Gold @ $1288.90

Stocks which were UP 1% or more included AMD SHOP SQ
OLED NVDA GOOG MOMO SNAP TWTR TECK KGC
V QRVO SINA DNKN CHK MCD SWKS KBH.....

AH news....JNPR Down 3.2%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed green and Dow made a new all time high. Indices closed @ high of the day. Internals were mixed. They way we closed today despite Fed minutes going after higher interest rates is impressive. Tomorrow morning bank earning will determine how markets will go. FANG came to life except NFLX which is resting after huge run.

BLOG does NOT give buy or sell.

Saleem

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