Monday, December 28, 2015
Indices closed down .14% to .22%......
Indices closed down
S&P 500 @ 2056.50, low 2044.20, high 2057.77
RSI @ 50.62
CMF @ -0.039
Internals were :
Down volume led by 2.75 to 1 in NYSE & 1.97 to 1 in Nasdaq
Declining stocks led by 1.70 to 1 in NYSE & 1.79 to 1 in Nasdaq
Net new 52 wk highs were leading by 30 in NYSE & lows by 9 in Nasdaq
VIX UP 7.43% @ 16.91
Oil @ $36.81
Gold @ $1068.30
AH ER / News ....LSCC UP 1.83%, MPEL Down 2.79%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under selling pressure when oil took a tumble again, by close indices closed near high of the day. Tuesday is the last day to book gain or losses for 2015, we may see selling again which may be a good time to buy as we should see year end buying on Wednesday & Thursday. Think 2016 now and see what stocks should be in your portfolio and position accordingly.
BLOG does NOT give buy or sell.
Saleem
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2 comments:
Hi Stocktrader,
Added 40% BITA @ $27.15
Saleem
Hi Saleem,
Good luck with the additional BITA--so far so good for you there with plenty of upside if things turn more positive for the company.
Stocktrader
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