Tuesday, January 14, 2014

Indices closed UP .71% to 1.69%.....NICE !!!!

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:

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

Good luck with CRUS....

Saleem