Indices closed UP.
S&P 500 @ 2064.29, high 2064.73, low 2042.20
RSI @ 52.24
CMF @ -0.057
Internals were :
UP volume led by 14.51 to 1 in NYSE & 3.40 to 1 in Nasdaq
Advancing stocks led by 6.18 to 1 in NYSE & 2.55 to 1 in Nasdaq
Net new 52 wk highs were leading by 35 in NYSE & lows by 17 in Nasdaq
VIX Down 6.20% @ 15.57
Oil @ $37.50
Gold @ $1068.20
Stocks which were UP 1% ++++ included BBRY CNQ CY NFLX
JCP JKS SWIR AAPL FEYE LVS CSIQ SU YUM MA V FSLR
SPWR CIEN FNSR AMBA M SPLK STLD ABX SLW CCJ
DATA CSOD MGA MS VRX WYNN GS AGU.....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE was strong for 3rd in a row and closed @ high of the day, internals were super strong. S&P 500 & Nasdaq are above 50 & 200 DMA while Dow is above 200 DMA only. Many laggards jumped big time on Chinese stimulus talk. 2016 may bring relief to many beaten down sectors. Commodities are not unwanted and may be ready to catch a bid. Thursday we close @ 1PM and there will be a closing BLOG only.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Guys,
Sold 1/2 of FCX @7.45 in my retirement account.
GL
Joseph
Hi guys,
Sold FDX @ 149.986
Despite the beat last quarter, they continue to face competitive and executional challenges. I am stepping to the sidelines, and like the face I now have some cash for opportunities.
Portfolio: GM RLYP LNKD SPLK CF WAFD PLNT DAL JKS BAC WLH
Cash: 9.7%
Stocktrader
Hi Joseph,
Good luck with rest of FCX.
Saleem
Hi Stocktrader,
Good luck with next pick and current portfolio.
Saleem
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