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
Hey Saleem,
ReplyDeleteLots 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,
ReplyDeleteI am glad you are in lockstep with indices.
YES..your portfolio is looking very good.
Saleem