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

2 comments:

Stocks100 said...

Hi Stocktrader,

Added 40% BITA @ $27.15

Saleem

stocktrader_1996 said...

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