Indices closed in record territory on Mario Draghi comments.
S&P 500 @ 1997.92, high 2001.95, low 1991.74
RSI @ 65.52
CMF @ 0.061
Internals were :
UP volume led by 2.31 to 1 in NYSE & 1.89 to 1 in Nasdaq
Advancing stocks led by 1.59 to 1 in NYSE & 1.41 to 1 in Nasdaq
Net new 52 wk highs were leading by 143 in NYSE & by 77 in Nasdaq
VIX UP 2.01% @ 11.70
Oil @ $93.35
Gold @ $1278.90
Stocks which were UP 1% or more included RAD
YY YELP BIDU TSLA KOG CSIQ ONVO
YNDX SNDK C JCP X MS GS TRIP....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continued its run into new all time highs & 14 year highs, Mario Draghi is starting ECB QE shortly to counter deflation fears, which gave a further boost to strong technicals with fundamental news. Anytime we have new highs across the board, then there is series of highs to follow. Market internals remains positive. Stay the course is the mantra.
BLOG does NOT give buy or sell.
Saleem
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