20:03
Unknown
Indices closed UP in all indices.
S&P 500 @ 1858.83, high 1862.30
RSI @ 55.17
CMF @ 0.035
Internals were :
UP volume led by 3.48 to 1 in NYSE & 2.01 to 1 in Nasdaq
Advancing stocks led by 2.68 to 1 in NYSE & 1.75 to 1 in Nasdaq
Net new 52 wk highs were leading by 91 in NYSE & 98 in Nasdaq
VIX Down 12.23% @ 15.64
Oil @ $98.08
Gold @ $1372.90
Canadian $ UP 35 tick @ 89.48
Stocks which were UP 1% or more included KOG LULU TSL
OTEX EXPE YHOO MA FB BIDU TSLA PCLN GOOG
JKS FSLR CSIQ INVN LRCX SNDK BRCM C SQM
SWIR PANW GMCR SPLK CCJ V WLT TRLA Z
WYNN LVS TRIP YELP MLNX SINA EBAY
FFIV....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE staged an oversold bounce on low volume. We need to close UP again to establish a change in direction. TAPE has been difficult for most & China is playing a major role in this malaise as they are slowing down in their GDP growth. Watch TAPE for direction in stocks instead of overall market which may remain sloppy.
BLOG does NOT give buy or sell.
PS...was busy liquidating physical gold this AM, came back later than expected @ 3.15 PM thus missed my afternoon BLOG.
Saleem
S&P 500 @ 1858.83, high 1862.30
RSI @ 55.17
CMF @ 0.035
Internals were :
UP volume led by 3.48 to 1 in NYSE & 2.01 to 1 in Nasdaq
Advancing stocks led by 2.68 to 1 in NYSE & 1.75 to 1 in Nasdaq
Net new 52 wk highs were leading by 91 in NYSE & 98 in Nasdaq
VIX Down 12.23% @ 15.64
Oil @ $98.08
Gold @ $1372.90
Canadian $ UP 35 tick @ 89.48
Stocks which were UP 1% or more included KOG LULU TSL
OTEX EXPE YHOO MA FB BIDU TSLA PCLN GOOG
JKS FSLR CSIQ INVN LRCX SNDK BRCM C SQM
SWIR PANW GMCR SPLK CCJ V WLT TRLA Z
WYNN LVS TRIP YELP MLNX SINA EBAY
FFIV....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE staged an oversold bounce on low volume. We need to close UP again to establish a change in direction. TAPE has been difficult for most & China is playing a major role in this malaise as they are slowing down in their GDP growth. Watch TAPE for direction in stocks instead of overall market which may remain sloppy.
BLOG does NOT give buy or sell.
PS...was busy liquidating physical gold this AM, came back later than expected @ 3.15 PM thus missed my afternoon BLOG.
Saleem
Posted in: Mixed
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