Monday, March 17, 2014

Indices closed UP .81% to 1.13%.....NICE !!!!

Indices closed UP in all indices.

S&P 500 @ 1858.83, high 1862.30

RSI @ 55.17

CMF @ 0.035

Internals were :

UP volume led by 3.48 to 1 in NYSE & 2.01 to 1 in Nasdaq

Advancing stocks led by 2.68 to 1 in NYSE & 1.75 to 1 in Nasdaq

Net new 52 wk highs were leading by 91 in NYSE & 98 in Nasdaq

VIX Down 12.23% @ 15.64

Oil @ $98.08

Gold @ $1372.90

Canadian $ UP 35 tick @ 89.48

Portfolio KOG LULU MU TSL

Stocks which were UP 1% or more included KOG LULU TSL
OTEX EXPE YHOO MA FB BIDU TSLA PCLN GOOG
JKS FSLR CSIQ INVN LRCX SNDK BRCM C SQM
SWIR PANW GMCR SPLK CCJ V WLT TRLA Z
WYNN LVS TRIP YELP MLNX SINA EBAY
FFIV....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE staged an oversold bounce on low volume. We need to close UP again to establish a change in direction. TAPE has been difficult for most & China is playing a major role in this malaise as they are slowing down in their GDP growth. Watch TAPE for direction in stocks instead of overall market which may remain sloppy.

BLOG does NOT give buy or sell.

PS...was busy liquidating physical gold this AM, came back later than expected @ 3.15 PM thus missed my afternoon BLOG.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

Bought RALY @ 18.1755 ahead of earnings on Thursday.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with RALY.

Saleem