Wednesday, July 3, 2013

Indices closed UP .08% to .38%......NICE !!!!

Indices fought negativity & closed UP.

S&P 500 @ 1615.41, high 1618.97, low 1604.57

RSI @ 49.52

CMF @ -0.022

Internals were :

UP volume led by .88 to 1 in NYSE & 1.46 to 1 in Nasdaq

Advancing stocks led by .64 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new 52 wk highs were leading by 14 in NYSE & 91 in Nasdaq

VIX Down 1.46% @ 16.20

Oil @ $101.19

Gold @ $1248.30

Canadian $ @ 95.13

Portfolio EBAY KOG BBRY AUY

Stocks which were UP 1% or more included AUY
YHOO LEN LNKD POT RDN CF CMG
YUM PANW GG EGO SLW AEM
GRPN CRUS ZNGA LRCX
TXTR RALY CLDX.....

About market, TAPE was impressive considering worldwide meltdown. Jobs report may be taken as "not too hot & not too cold". That may give TAPE to move UP to challenge top end of the trading range.

Next post on Friday after close.

Enjoy July 4th holiday with family & friends.

BLOG does NOT give buy or sell.

Saleem

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