Thursday, June 27, 2013

Indices closed UP .62% to .77%....NICE !!!!

Indices scored another impressive close.

S&P 500 @ 1613.20

RSI @ 48.64

CMF @ -.040

Internals were :

UP volume led by 4.28 to 1 in NYSE & 4.06 to 1 in Nasdaq

Advancing stocks led by 5.45 to in NYSE & 3.65 to 1 in Nasdaq

Net new 52 wk highs were leading by 62 in NYSE & 85 in Nasdaq

VIX Down 2.03% @ 16.86

Oil @ $97.05

Gold @ $1211.60

Stocks which were UP 1% or more included EBAY AUY
JCP LEN KORS LULU NFLX TSLA TCK EXPE
HMC CLF BAC LVS PANW GG WPRT FB
RVBD ZNGA MU JDSU CIEN FNSR C 
SNDK CSIQ X STLD EGO SLW 
MGA Z WYNN GS FCX....

AH ER :

NKE Down 2.12%

ACN Down 6.82%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE has lot of momentum. Fed officials were back to restate their dovish views. I think we take out 50 DMA easily.

I will do a recap on BBRY earnings which is before open.

BLOG does NOT give buy or sell.

Saleem



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