Tuesday, December 1, 2015

Indices closed UP .93% to 1.07%.....NICE !!!!!

Indices closed UP.

S&P 500 @ 2102.63, high 2103.37, low 2082.93

RSI @ 60.91

CMF @ -0.045

Internals were :

UP volume led by 3.44 to 1 in NYSE & 1.76 to 1 in Nasdaq

Advancing stocks led by 2.43 to 1 in NYSE & 1.37 to 1 in Nasdaq

Net new 52 wk highs were leading by 59 in NYSE & by 58 in Nasdaq

VIX Down 9.05% @ 14.67

Oil @ $41.85

Gold @ $1063.50

Stocks which were UP 2% or more included FB LULU MU VDSI
AMZN LNKD PCLN GOOGL LEN TSLA SINA SU YUM
FSLR SPWR QIHU AAL ABX SLW GG AEM CCJ MS
VRX WYNN......

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong today and all indices closed @ high of the day. Many stocks participated in today's rally, both strong stocks and newly better performing stocks were strong. We are all set to take out old all time highs and may make series of new highs, exercise conviction and stay with your exposure.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought RCL @ 94.25

Jobs plentiful, fuel continuing to drop, move above 50 DMA.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with RCL.

Saleem