All indices were into another record close.
S&P 500 @ 1556.22
RSI @ 69.00
CMF @ 0.228
Internals were :
UP volume led by 1.56 to 1 in NYSE & 1.87 to 1 in Nasdaq
Advancing stocks led by 1.15 to 1 in NYSE & 1.00 to 1 in Nasdaq
Net new 52 wk highs were leading by 294 in NYSE & 180 in Nasdaq
VIX closed Down 8.18% @ 11.56..this is the lowest level since 2007
Oil @ $92.06
Gold @ $1578.00
Stocks which were UP 1% or more included BBRY,
COH,MTG,RDN,AAPL,POT,MOS,HMC,GMCR,
ZNGA,MU,C,SNDK,FSLR,SPWR,CCJ,MLNX,
AGU......
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, This TAPE has caught majority of traders by surprise. Full participation is missing by majority. VIX close is confirming that this is not your "traders market". You need to believe in this TAPE & this move is worldwide. World economic picture is turning for better. Stocks are making higher highs & may go still higher. Conviction has to be there or else you leave too much on the table. The question is "are you smarter than this bull market".......
BLOG does NOT give buy or sell.
Saleem
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