Indices closed @ high of the day.
S&P 500 @ 2081.19, high 2081.41, low 2055.35
RSI @ 51.52
CMF @ 0.214
Internals were :
UP volume led by 3.60 to 1 in NYSE & 2.34 to 1 in Nasdaq
Advancing stocks led by 1.82 to 1 in NYSE & 1.30 to 1 in Nasdaq
Net new 52 wk highs were leading by 57 in NYSE & 110 in Nasdaq
VIX Down 2.44% @ 15.61
Oil @ $43.88
Gold @ $1153.20
Stocks which were UP 1% or more included VDSI YHOO TSLA
GOOGL AAPL BABA LVS EXPE MA V CRUS BRCM
LSCC CIEN JDSU FNSR AAL M CCJ DATA MGA
MS CNQ GS AGU.....
AH News...XONE Down 7.59%, AAL UP 3.92%
AH Futures Down
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE was strong today on US$ retreat. This TAPE is extremely volatile and almost unpredictable on a day to day basis. Those who are exposed to this TAPE have to display lot of conviction and patience as market zig zags daily. There is no clear trend in stocks even on UP days, some are UP and some are DOWN in same sector.
BLOG does NOT give buy or sell.
Saleem
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