Indices closed @ new record in S&P 500 & new 14 yr high in Nasdaq. Dow is lagging behind & is 190 below its high done @ end of 2013.
S&P 500 @ 1873.91, high 1876.23
RSI @ 65.36
CMF @ 0.330
Internals were :
UP volume led by 7.90 to 1 in NYSE & 7.36 to 1 in Nasdaq
Advancing stocks led by 5.24 to 1 in NYSE & 4.53 to 1 in Nasdaq
Net new 52 wk highs were leading by 281 in NYSE & 263 in Nasdaq
VIX Down 11.87% @ 14.10
Oil @ $103.33
Gold @ $1337.90
Stocks which were UP 2% or more included KOG MU TSL
YHOO MA JCP FB MGA LUV PCLN JKS CSIQ
FSLR SPWR YNDX GRPN ARUN ZNGA
AMCC FNSR C CMG SWIR PANW
SPLK WUBA CSOD MS TRLA
WYNN GS TRIP YELP
MLNX......
AH ER : YY UP .6%, SQM UP .13%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong till close, new record high close is a very good indicator of future gains in market. Solar came to life today with good earning reports.Many sectors are looking good like Tech, Solar, Precious metals & oil / Gas. Keep diversified & show patience for long term gains which i need to practice.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Stocktrader,
Added 20% MU @ $24.71....
Saleem
Hey Saleem,
Good luck with the MU add-on. I'd not a huge fan of tech right now, but you've been spot on with your MU calls.
Stocktrader
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