Fed had no surprise in its statement or Q & A, which was a surprise to people in the know.
S&P 500 @ 2001.57, high 2010.74, low 1993.29
RSI @ 58.52
CMF @ 0.217
Internals were :
UP volume led by 1.04 to 1 in NYSE & 1.59 to 1 in Nasdaq
Advancing stocks led by 1.05 to 1 in NYSE & 1.31 to 1 in Nasdaq
Net new 52 wk highs were leading by 22 in NYSE & 4 in Nasdaq
VIX Down .63% @ 12.65
Oil @ $94.42
Gold @ $1235.90
Stocks which were UP 1% or more included AKS LULU MU SWIR TSL QIHU BIDU LVS LEN JKS CSIQ FEYE SPWR FSLR INVN HIMX ZNGA BRCM AMCC X STLD CCJ
MS WYNN.....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, Indices made back to back UP move to confirm this uptrend & internals are much better. Dow made a new all time high which could be a leading indicator for other indices to follow. Solar, Steels were very strong. Follow the money & join the trend. S&P 500 almost made it into new all time high but missed by few ticks. Stay the course, Scotland is the next news event which does NOT impact US @ all.
BLOG does NOT give buy or sell.
Saleem
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