Indices closed near high of the day.
S&P 500 @ 2123.48, high 2126.22, low 2105.13
RSI @ 54.93
CMF @ 0.029
Internals were :
UP volume led by 3.31 to 1 in NYSE & 5.22 to 1 in Nasdaq
Advancing stocks led by 2.78 to 1 in NYSE & 2.24 to 1 in Nasdaq
Net new 52 wk highs were leading by 21 in NYSE & 32 in Nasdaq
VIX Down 5.62% @ 13.27
Oil @ $67.51
Gold @ $1185.60
Stocks which were UP 1% or more included AKS LULU RAD
YY YHOO LNKD GOOGL AAPL FB NXPI MU LVS
JKS AMZN EBAY V HIMX CRUS SNDK BRCM
AMCC LSCC CIEN JDSU FNSR C NFLX AAL
SPLK SBUX STLD DATA MGA MS GS....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE recovered nicely from yesterday's drubbing. There was optimism about Greece agreement, which became catalyst for today's TAPE.Nasdaq closed @ the highest level in history. Internals of the market improved across the board. Stay in diversified mode to counter extreme volatility in this TAPE.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Good call selling KORS at open, you got one of the best prices of the day.
Market is certainly fickle--feels so bad yesterday, feels great today.
Diversification definitely helping--NXPI a big winner for me today but every day it seems a different one of my eleven has a nice outsized day.
Stocktrader
Hi Saleem,
...and GPRO today, helping us both :)
Stocktrader
Hi Stocktrader,
YES....when i saw news on KORS with their lousy projection, i wanted to get out ASAP, pre-market my commission is extremely high like $50 in Canada, so , had to wait till open. @ open the bid was $49.50 area , i said lets go a hair below $50 thus my magic bid was $49.99, it got filled immediately and KORS went up to $50.40.....then tumble tumble further.....
YES..GPRO may give some oxygen to my portfolio as it is my #2 position.
Good luck to you also in GPRO.....
Saleem
Hi Saleem,
Sold NXPI @ 110.345 to take profits.
I fear a short-term top in semis, and they undersold their RF business to get a quick deal paving the way for the FSL merger.
Stocktrader
Hi Stocktrader,
Good move with NXPI...
Saleem
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