Thursday, July 16, 2015

Indices closed UP .39% to 1.26%...NICE !!!!

Indices closed @ high of the day.

S&P 500 @ 2124.29, high 2124.42, low 2110.55

RSI @ 59.43

CMF @ -0.068

Internals were :

UP volume led by 1.89 to 1 in NYSE & 2.81 to 1 in Nasdaq

Advancing stocks led by 2.28 to 1 in NYSE & 2.02 to 1 in Nasdaq

Net new 52 wk highs were leading by 20 in NYSE & 107 in Nasdaq

VIX Down 8.47% @ 12.11

Oil @ $50.91

Gold @ $1143.90

Stocks which were UP 2% or more included RAD VDSI
BITA GOOGL TSL SWIR WUBA MU JKS CSIQ
AMZN EXPE EBAY HIMX CIEN C NFLX
GMCR DATA MLNX......

AH ER... GOOGL UP 12.17%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed strong, Nasdaq @ new all time high. IBD tonight has raised its market outlook to " market in confirmed uptrend ". S&P 500 & Dow are all set for new all time high. Many stocks are outperforming in this TAPE, stay with your high conviction stocks.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought GPRO @ 55.818

No cash now.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good move with GPRO..you created a buying imbalance, so UP it goes.

Saleem