Indices closed @ absolute high of the day.
S&P 500 closed @ 1492.56
RSI @ 71.13
CMF @ 0.403
Internals were :
UP volume led by 2.89 to 1 in NYSE & 1.28 to 1 in Nasdaq
Advancing stocks led by 2.24 to 1 in NYSE & 1.70 to 1 in Nasdaq
Net new 52 wk highs were leading by 422 in NYSE & 207 in Nasdaq
VIX closed down .24% @ 12.43
Oil closed @ $96.24
Gold closed @ $1693.20
Stocks which closed UP 1% or more included APKT,BAC,
RIMM,FB,GG,CF,SU,LVS,DNKN,GMCR,JDSU,FSLR,
X,STLD,EGO,MS,BJRI,GS,AGU,CLF,FCX....
AH ER :
IBM UP 4.11%
GOOG UP 5.03%
ISRG UP 8.68%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, 1500 area in S&P 500 could attract profit taking. AAPL earnings IF not as expected may trigger minor pullback. As long as one is prepared, near term is looking good. S&P 500 can easily go above 1550.
BLOG does NOT give buy or sell.
Saleem
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