TAPE was strong & closed near high of the day.
S&P 500 @ 1838.88, high 1839.26
RSI @ 58.39
CMF @ 0.269
Internals were :
UP volume led by 3.83 to 1 in NYSE & 4.64 to 1 in Nasdaq
Advancing stocks led by 2.44 to 1 in NYSE & 3.12 to 1 in Nasdaq
Net new 52 wk highs were leading by 90 in NYSE & 125 in Nasdaq
VIX down 7.53% @ 12.28
Oil @ $92.59
Gold @ $1245.40
Stocks which were UP 2% or more included JKS KOG SINA
EXTR SWIR AMCC FB EXPE TSLA LUV GOOG
YNDX FSLR SPWR TSL CSIQ GRPN CRUS
LRCX BRCM YHOO FFIV PANW SPLK
X CCJ JCP CSOD TRLA Z WYNN
AGU YELP MLNX....
AH News : JKS Down 4.41%, VJET Down 7.90%, XONE Down 13.86%
AH Futures Down
AH Asian Markets Mixed
AH Oil unchanged
AH Gold Down
About market, Nasdaq made a new closing 14 year high, IBD tonight has changed its market outlook to "uptrend resumes". S&P 500 is 10 points away from making new all time high which could be this week. Many sectors are performing thus a diversified approach is best.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
Bought CRUS @ 19.437 with my smallish remaining cash. The downgrade today seems "off" based on ramping volumes due to the China Mobile deal.
Stocktrader
Hi Stocktrader,
Good luck with CRUS....
Saleem
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