Indices had another strong close.
S&P 500 @ 1950.82, high 1961.95, low 1931.02
RSI @ 53.19
CMF @ -0.031
Internals were :
UP volume led by 3.45 to 1 in NYSE & 6.25 to 1 in Nasdaq
Advancing stocks led by 3.42 to 1 in NYSE & 2.73 to 1 in Nasdaq
Net new 52 wk highs were leading by 77 in NYSE & 12 in Nasdaq
VIX Down 7.50% @ 16.53
Oil @ $82.09
Gold @ $1229.10
Stocks which were UP 2% or more included AKS
SWIR TSL BBRY JCP QIHU YY LNKD OWW
GOOGL BABA FB RVBD JKS CSIQ SU
FEYE FSLR SPWR INVN YNDX
HIMX ARUN CRUS SNDK
AMCC CIEN JDSU FNSR
KOG NFLX PANW X
SPLK DATA WLT
TRLA Z.....
AH ER...P Down 8.00%, AMZN Down 10.67%
PFPT UP 2.9%, KLAC UP 16.2%
AH Futures Down
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, EBOLA scare is back in focus as NYC Doctor has tested positive. TAPE was strong but fade into close weakened internals substantially. Europe is showing some strong economic indicator in PMI, which is a big relief for Europe watchers. Leaders are back in vogue which speaks about TAPE strength. Any weakness due to EBOLA scare is a buying opportunity.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hey Saleem,
I really needed the financials exposure, so I bought GS @ 181.47.
Stocktrader
Hi Stocktrader,
Good luck with GS.
Saleem
Hey Saleem,
I wonder if RAD is a play based on the NYC Mayor's comments to go get flu shots--should drive traffic?
Stocktrader
Hey Saleem,
It feels like the market is good for speculation. Bought some RAD @ 4.806.
Stocktrader
Hi Stocktrader,
Good luck with RAD..Jimmy the Cramer likes this trade.
Saleem
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