Tuesday, February 10, 2015

Indices closed UP .79% to 1.30%...NICE !!!!

Indices closed @ high of the day.

S&P 500 @ 2068.59, high 2070.86, low 2048.62

RSI @ 56.38

CMF @ 0.148

Internals were :

UP volume led by 1.64 to 1 in NYSE & 3.06 to 1 in Nasdaq

Advancing stocks led by 1.31 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new 52 wk highs were leading by 51 in NYSE & 18 in Nasdaq

VIX Down 7.12% @ 17.23

Oil @ $50.02

Gold @ $1232.20

Stocks which were UP 2% or more included MU
FEYE SWIR YELP BIDU PCLN GOOGL
LVS WYNN CMG FFIV FSLR HIMX
CRUS SNDK BRCM VDSI PANW
NFLX SBUX CCJ DATA CSOD
TRIP.....

AH ER MKTO Down 6.25%, AKAM 4.89%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, tonight IBD is changing its market outlook to "market in resumed uptrend". TAPE celebrated optimism about Greece willingness to compromise and work with EU, there may be few hiccups along the way, but by end of the month, everything should be resolved. Indices have been erratic, one day UP and one day Down, we may be setting up for a down day on Wednesday, good day to add on weakness.

BLOG does NOT give buy or sell.

Saleem

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