Thursday, May 21, 2015

Indices closed UP 0% to .38% .....NICE !!!!

Indices closed UP after some hesitation.

S&P 500 @ 2130.82, high 2134.28, low 2122.95

RSI @ 59.37

CMF @ 0.073

Internals were :

UP volume led by 1.43 to 1 in NYSE & 1.30 to 1 in Nasdaq

Advancing stocks led by 1.25 to 1 in NYSE & .95 to 1 in Nasdaq

Net new 52 wk highs were leading by 46 in NYSE & 26 in Nasdaq

VIX Down 5.98% @ 12.11

Oil @ $60.72

Gold @ $1204.10

Stocks which were UP 1% or more included BBRY KORS RAD
FEYE QIHU YY YHOO LNKD BIDU AAPL BABA NXPI
MU COH LVS JKS CSIQ AMZN SINA SU EBAY 
FSLR SPWR JDSU JCP GMCR SPLK MGA
CNQ AGU MLNX.....

AH NEWS...BRCD Down 1.58%, HPQ UP 1.24%, BBRY 1.75%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE continues its lackluster performance, internals remains sloppy. Long term approach and being diversified may keep ones sanity in check. Sloppy market is never exciting, expectations has to be low. Next few days may define this market better, so stay tuned. S&P 500 made new all time high @ close.

BLOG does NOT give buy or sell.

Saleem

No comments: