Indices closed UP.
S&P 500 @ 2163.66, high 2169.60, low 2160.39
RSI @ 51.46
CMF @ - 0.020
Internals were :
UP volume led by 2.94 to 1 in NYSE & 1.84 to 1 in Nasdaq
Advancing stocks led by 2.56 to 1 in NYSE & 2.36 to 1 in Nasdaq
Net new 52 wk highs were leading by 123 in NYSE & 109 in Nasdaq
VIX Down .74% @ 13.38
Oil @ $51.35
Gold @ $1260.40
Stocks which were UP 1% or more included AMD CNQ CMG VRX
CRM UA NTES AAPL CTRP SPLK TSLA MACK GOOG LVS
WYNN OLED KGC JKS CSIQ SINA DNKN SU EBAY TK
CHK RIG WB BABA YELP FSLR SPWR AKS X AAL
LRCX MCD TCK SLW CRUS CSOD ZG.....
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, Indices were higher on strong oil which is @ highest point in over a year. Nasdaq is only 15 points below to create a new all time high. Many Nasdaq stocks are poised to hit new all time high like GOOG, FB AMZN. Many sector participated in today's rally, this is a sign of more bullish TAPE. Stay in a diversified mode as gains could be outsize.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Stocktrader,
Sold NTNX @ $34.27
Added 100% CMG @ $426.00
Saleem
Hi Saleem,
Good luck with more CMG. Channel checks indicate traffic has not picked up at all, but at least it is not still decelerating. I hope we have seen the bottom in the stock.
Stocktrader
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