Wednesday, 15 January 2014

Indices closed UP .52% to .76%......NICE !!!!

Indices closed @ record highs.


S&P 500 @ 1848.38, high 1850.84


RSI @ 61.69


CMF @ 0.288


Internals were :


UP volume led by 2.14 to 1 in NYSE & 2.50 to 1 in Nasdaq


Advancing stocks led by 1.89 to 1 in NYSE & 2.00 to 1 in Nasdaq


Net new 52 wk highs were leading by 230 in NYSE & 225 in Nasdaq


VIX @ 12.28


Oil @ $94.17


Gold @ $1238.30


Stocks which were UP 1% or more included EXTR OTEX

TWTR AMCC BBRY MGA TSLA MS PCLN AAPL

FSLR TSL CSIQ ARUN RVBD SPLK EGO SLW

AEM CCJ JCP WUBA WLT TRLA Z WYNN

GS AGU MLNX.....


AH Futures UP


AH Asian Markets Mixed


AH Oil Down


AH Gold UP


About market, TAPE remained strong closing @ all time highs in Down & S&P 500 while Nasdaq @ 14 year high. Momentum is building for many new highs. This rally is broadbased which will continue until we are close to 70 in RSI.


BLOG does NOT give buy or sell.


Saleem

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