Indices closed @ high of the day on Fed chief assurance on interest rate.
S&P 500 @ 2115.48, high 2115.87, low 2105.87
RSI @ 65.12
CMF @ 0.338
Internals were :
UP volume led by 1.68 to 1 in NYSE & 1.20 to 1 in Nasdaq
Advancing stocks led by 1.61 to 1 in NYSE & 1.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 171 in NYSE & 119 in Nasdaq
VIX Down 5.98% @ 13.69
Oil @ $49.28
Gold @ $1197.30
Stocks which were UP 1% or more included AKS BBRY
FEYE LEN JCP PCLN NXPI COH JKS CSIQ FSLR
SPWR CRUS BRCM LSCC CIEN JDSU C X
STLD CCJ MS CNQ GS AGU MLNX....
AH ER..FSLR Down .91%, HPQ Down 7.04%
AH Futures Down
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE closed on a strong note on Janet Yellen's testimony which reinforced not to raise interest rate. Dow & S&P 500 closed @ new all time high and Nasdaq @ new 15 year high. Nasdaq had 10 straight days of UP close, this is the best performance in 5 years. Chinese Flash PMI for February came in @ 50.1% first expansion in three months. Expect more positive action in indices.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment