Indices closed near high of the day.
S&P 500 @ 1911.91, high 1912.28
RSI @ 62.62
CMF @ 0.297
Internals were :
UP volume led by 1.99 to 1 in NYSE & 4.43 to 1 in Nasdaq
Advancing stocks led by 2.18 to 1 in NYSE & 2.92 to 1 in Nasdaq
Net new 52 wk highs were leading by 191 in NYSE & 78 in Nasdaq
VIX UP 1.32% @ 11.51
Oil @ $104.11
Gold @ $1265.50
Stocks which were UP 2% or more included WUBA MU OWW SWIR FB ZNGA LSCC LNKD CSIQ TSLA EXPE CMG
PCLN GOOG YELP PANW GMCR SPLK SBUX
CCJ DATA MS TRLA WYNN.....
AH ER, QIHU UP 5.86%, WDAY UP 8.61%
AH Futures UP
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, tonight IBD has changed its market outlook to "market in uptrend". TAPE continues to trend higher & surprising many skeptics. It is important to have full exposure when TAPE is trending higher & making new all time highs. Never fight the TAPE applies to the market we are in. Yes, we may have a "new higher trading range" which needs to be monitored & benefit from it.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hey Saleem,
Sold YELP @ 63.038.
Stocktrader
Hey Saleem,
Sold FB @ 63.454.
Stocktrader
Hi Stocktrader,
Good luck with your Strategy.
Saleem
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