Indices staged a comeback but DOW closed red.
S&P 500 @ 1521.38
RSI @ 67.82
CMF @ 0.373
Internals were :
UP volume led by 1.09 to 1 in NYSE & 1.32 to 1 in Nasdaq
Advancing stocks led by 1.00 to 1 in NYSE & 1.13 to 1 in Nasdaq
Net new 52 wk highs were leading by 293 in NYSE & 161 in Nasdaq
VIX closed Down 2.47% @ 12.66, getting close to 52 wk low of 12.29
Stocks which were UP 1% or more included FB,BBRY,
QIHU,JCP,PANW,LNKD,GMCR,MU,BRCM,NVDA,
FSLR,X,STLD,CCJ,SINA,KOG......
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, Volume picked up above average. Internals A/D line is still troubling. TAPE is holding up & closing near highs of the day for two days, which is a good sign. Many stocks are setting UP for new highs, good to play those instead of laggards.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
Lots of stocks performing well like you said. Even with my diversified portfolio, I was up over 1% today thanks to 2%+ gains from AXLL, FIO, CSOD, PFPT, YNDX, and 1+% gains in SPLK, PANW, WPRT, APWC.
It feels good to be at new highs along with the market--it means I'm in the right stocks for a change! :)
Stocktrader
Hi Stocktrader,
I am glad you are in lockstep with indices.
YES..your portfolio is looking very good.
Saleem
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