Indices closed UP on good economic data in US.
S&P 500 @ 1871.89, low 1863.18
RSI @ 54.90
CMF @ 0.108
Internals were :
UP volume led by 1.53 to 1 in NYSE & 2.25 to 1 in Nasdaq
Advancing stocks led by 1.64 to 1 in NYSE & 1.55 to 1 in Nasdaq
Net new 52 wk highs were leading by 84 in NYSE & 27 in Nasdaq
VIX Down .82% @ 13.25
Oil @ $104,37
Gold @ $1288.50
Stocks which were UP 1% or more included WUBA MU
SWIR GG YY YELP TWTR AMZN FB BIDU
TSLA PCLN FSLR JKS SPWR TSL
CSIQ GTAT RVBD ZNGA
AMCC FNSR AAPL
STLD CCJ MGA
TRLA MLNX
Z.....
Here is weighting after close :
MU 36.98%
LULU 27.74%
WUBA 22.61%
GRPN 6.63%
OWW 6.04%
Exposure 169%
AH ER NFLX UP 6.80%
AH Futures Mixed
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE closed strong, S&P 500 & Nasdaq closed @ absolute high of the day, Dow missed it by 10 points. When indices close @ high of the day it means that more UP move to come. Being diversified in this market is the best way to benefit from sector rotation which changes on a daily basis.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment