Indices closed UP & S&P 500 @ another all time high.
S&P 500 @ 1927.88, 1928.63, low 1918.60
RSI @ 66.93
CMF @ 0.452, new high in last six months.....
Internals were :
UP volume led by 1.24 to 1 in NYSE & 1.78 to 1 in Nasdaq
Advancing stocks led by 1.06 to 1 in NYSE & 1.27 to 1 in Nasdaq
Net new 52 wk highs were leading by 154 in NYSE & by 5 in Nasdaq
VIX UP 1.77% @ 12.08
Oil @ $102.64
Gold @ $1244.30
Stocks which were UP 1% or more included WUBA GRPN MU
RAD OTEX YY AAPL FSLR SPWR ONVO GTAT
YNDX BRCM AMCC KOG CMG NFLX
PANW X DATA MGA MS Z TRIP...
AH ER ...FIVE UP 3.07%, PVH Down 6.11%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE showed its strength again today by closing near high of the day. Internals improved big time, all this despite poor ADP report. It is all about ECB action & Jobless claims. I expect this rally to go into overdrive. Dow to make new all time high & Nasdaq moving towards new high since 2000.
BLOG does NOT give buy or sell.
Saleem
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