Indices closed UP after pessimism went into "overdrive".
S&P 500 closed @ 1285.50, high was 1287.62
RSI 32.46
Internals were :
UP volume led by 4.15 to 1 in NYSE & 2.76 to 1 in Nasdaq
Advancing stocks led by 2.82 to 1 in NYSE & 1.98 to 1 in Nasdaq
New 52 wk low lead narrowed, led by 15 in NYSE & 28 in Nasdaq
VIX Down 5.51% @ 24.68
Oil closed @ $84.29
Gold closed @ $1616.90
Stocks which were UP 2% or more included LNKD,LVS,LEN,
KORS,APKT,CLF,TCK,LRCX,MU,BRCM,VECO,JDSU,
CIEN,FNSR,C,SNDK......
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market,S&P 500 & Nasdaq made it two in a row. Volume was low. Wednesday we should be well above 200 DMA in S&P 500. Market should have a steady climb up, until skeptics join the party.
BLOG does NOT give buy or sell.
Saleem
SALEEM
ReplyDeleteNice very nice
as for market it is roaring up in PM
Hurray
apple up $6--great!
My T is rolling up
VBTA
Hi C,
ReplyDeleteMarket looking very good...what happened to 10% further correction?
Saleem
SALEEM
ReplyDeleteJ Cramer showed charts of a further 10% correction
Yeks
This time I did not take it to heart--at all....
Your COH and LVS , LSI are popping! Yahoo
I can nit believe that oils and nat gas is so up today
ERF, LINE, CNQ --I one and have been bleed now for some recovery..
My my foolish J the Cramer
C
Hi C,
ReplyDeleteNobody can tell market what to do...but JC keeps trying & misleading thousands....
I am sure..he will be all SMILES tonight.....
Saleem