Monday, December 29, 2014

Indices closed mixed.....

Indices closed mixed after Oil went to another low.

S&P 500 @ 2090.57, high 2093.55, low 2085.75

Internals were :

UP volume led by 1.51 to 1 in NYSE & .99 to 1 in Nasdaq

Advancing stocks led by 1.39 to 1 in NYSE & 1.08 to 1 in Nasdaq

Net new 52 wk highs were leading by 209 in NYSE & 106 in Nasdaq

VIX UP 3.86% @ 15.06

Oil @ $53.61

Gold @ $1181.90

Stocks which were UP 1% or more included MU
SWIR LEN GRPN LULU COH DNKN M
CMG STLD CCJ WYNN.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was basically unchanged on lower holiday volume. S&P 500 & RUT made intraday alltime highs before going flattish @ close. Tonight IBD is repeating that "uptrend under pressure". IBD has missed this recovery completely which does not say much about their so called fundamental plus technical read of market. I expect more new all time highs in next few trading days.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

Bought PANW @ 122.172.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with PANW.

Saleem