Indices closed down.
S&P 500 @ 2181.30, low 2177.49, high 2184.94
RSI @ 54.83
CMF @ 0.229
Internals were :
Down volume led by .94 to 1 in NYSE & 1.29 to 1 in Nasdaq
Declining stocks led by 1.20 to 1 in NYSE & 1.03 to 1 in Nasdaq
Net new 52 wk highs were leading by 179 in NYSE & 113 in Nasdaq
Oil @ $47.62
Gold @ $1341.60
AH ER...FNSR UP 12.57%, RH UP 14.11
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, Despite sharply higher oil prices, ECB no stimulus stand took a toll on world markets. Considering negative tone from ECB, we fared pretty good, which accounts for strength in US stock market. We are awfully close to making new highs in all indices, given normal TAPE.Stay diversified and in strong stocks, they are working. There is a closing BLOG around 7 PM on Friday's.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Stocktrader,
Sold 50% GG @ $15.99
Saleem
Hi Saleem,
Nasty day. Good luck with GG proceeds.
Days like this are representative of bull markets--short sharp corrections before resumption of the grinding uptrend. I hate it today, but it's probably ok.
Stocktrader
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