Indices closed UP again.
S&P 500 @ 2124.20, high 2128.03, low 2119.89
RSI @ 56.76
CMF @ -0.022
Internals were :
UP volume led by 1.47 to 1 in NYSE & 1.03 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.31 to 1 in Nasdaq
Net new 52 wk highs were leading by 91 in NYSE & 152 in Nasdaq
VIX Down 4.95% @ 12.11
Oil @ $61.01
Gold @ $1176.60
Stocks which were UP 1% or more included AKS GPRO LULU
AMBA VIPS BITA YY YELP BIDU TSLA FB JKS CSIQ
AMZN DNKN SU SPWR HIMX CRUS JCP GMCR
X STLD GG MGA CNQ Z.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE continued its positive reaction to Greek proposal, that goes back to Greek politicians for consensus for approval. Thursday meeting of EU chiefs should wrap up this deal. TAPE looks tired and VIX is @ low end of its trading range, do not be surprised IF there is a pull back for couple of days. Again weakness should be bought. Book any profit to buy the same stock back in few days, hopefully @ lower prices.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Stocktrader,
Bought VIPS @ $23.67.
Saleem
Hi Saleem,
Wow, controversial stock, but I like the pick--good luck! :)
Stocktrader
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