Indices closed near high of the day.
S&P 500 @ 2100.40, high 2103.94, 2084.11
RSI @ 54.69
CMF @ -0.031
Internals were :
UP volume led by 2.03 to 1 in NYSE & 2.92 to 1 in Nasdaq
Advancing stocks led by 2.40 to 1 in NYSE & 2.10 to 1 in Nasdaq
Net new 52 wk highs were leading by 43 in NYSE & 39 in Nasdaq
VIX Down 4.25% @ 13.30
Oil @ $56.38
Gold @ $1193.70
Stocks which were UP 2% or more included VDSI
FEYE QIHU GOOGL AAPL FB LVS WYNN
JKS AMZN CRUS AAL SPLK STLD.....
AH ER .....STLD Down 2.06%, FTNT UP 9.38%
LRCX UP 9.67%
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, Chinese stimulus via lower reserve requirements for banks means they can lend more, gave a much needed boost to negative sentiment with earlier Chinese crackdown in stocks. Market internals were not as strong in this rally, which is a concern. Try to capitalize as much as possible in next 6 trading day's.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Bought GM @ 37.21
Good management, good valuation, good dividend, improving consumer :)
Stocktrader
Hi Stocktrader,
Good luck with GM....
Saleem
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