Indices closed UP.
S&P 500 @ 1978.09, high 1983.19, low 1954.30
RSI @ 48.03%
CMF @ -0.100
Internals were :
UP volume led by 4.56 to 1 in NYSE & 4.12 to 1 in Nasdaq
Advancing stocks led by 2.30 to 1 in NYSE & 2.23 to 1 in Nasdaq
Net new 52 wk lows were leading by 61 in NYSE & 26 in Nasdaq
Oil @ $44.59
Gold @ $1102.60
Stocks which were UP 1% or more included FIT TSL VDSI
NFLX AMBA YHOO PCLN GOOGL BABA SWIR LVS
TWTR COH GPRO JKS CSIQ EXPE YUM MA SPWR
YNDX HIMX CIEN C SBUX MCD SLW CCJ MS
CSOD MGA BRCM Z WYNN AGU TRIP
YELP MLNX.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong today with internals improving. TAPE is still in hedge funds game plan which changes daily, tomorrow may be different TAPE. Keep an eye on your own portfolio to assess their strength or weakness. There is rotation going on even in this sloppy TAPE. Wednesday may be another anticipate the Fed decision on Thursday.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I might join you in FIT. The Target announcement today is really huge I think from a corporate thought perspective.
Ok, bought FIT @ 34.18. Convinced myself as I wrote this up! :)
Stocktrader
Hi Stocktrader,
Very timely move with FIT...looking good already$$$$$
Saleem
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