Indices closed UP & made few records along the way.
S&P 500 @ 1847.61, high 1858.71, low 1836.78
RSI @ 60.94
CMF @ 0.202
Internals were :
UP volume led by 1.48 to 1 in NYSE & 2.37 to 1 in Nasdaq
Advancing stocks led by 1.64 to 1 in NYSE & 1.91 to 1 in Nasdaq
Net new 52 wk highs were leading by 230 in NYSE & 205 in Nasdaq
VIX Down 3.07% @ 14.23
Oil @ $102.82
Gold @ $1338.00
Stocks which were UP 2% or more included KOG SSRI
LNKD BBRY FB TSLA NFLX JKS TSL CSIQ
SPWR FSLR LVS SINA EBAY AMCC
SWIR PANW MS Z WYNN YELP.....
AH ER: SINA Down 1.09%, SCTY Down 4.12%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, this is a TAPE which takes one step back & two step forward, not bad for a bull market which keeps going. Although we closed well off today's high but we made all time highs in S&P 500 & 14 yr high in Nasdaq. A diversified approach is the best way to be in this market. Any weakness should be looked @ an opportunity to rethink portfolio.
BLOG does NOT give buy or sell.
Saleem
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