Tuesday, January 24, 2017

Indices closed UP .57% to .86%....NICE !!!!!

Indices closed UP.

S&P 500 @ 2280.07, high 2284.63, low 2266.68

RSI @ 60.48

CMF @ 0.169

Internals were :

UP volume led by 3.00 to 1 in NYSE & 3.08 to 1 in Nasdaq

Advancing stocks led by 2.84 to 1 in NYSE & 2.56 to 1 in Nasdaq

Net new 52 wk highs were leading by 205 in NYSE & 136 in Nasdaq

VIX Down 5.95% @ 11.07

Oil @ $53.18

Gold @ $1210.80

Stocks which were UP 2% or more AMD FCX OCLR TECK
MU FNSR CIEN CHK NVDA NTES CMG OLED KGC
LEN TSLA COH SINA SU FFIV TK LNG BABA AGU
YELP MLNX DATA MGA CRUS KBH PANW CNX...

In my portfolio..

Added AH 60% FCX @ $17.29....expecting good earning report before open.

 Here are expectations :

Sales $4.42 billion, EPS 33 cents

Next Q Sales $4.2 billion, EPS 43 cents

AH ER...STX UP 11.51%, CREE UP 2.88%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down 

About market, TAPE celebrated lifting of Keystone pipeline construction, this is expected to create thousands of job. Oil also was higher which helped buying sentiment. Investors were generally pleased with today's key executive orders. Internals were strong. S&P 500 and Nasdaq closed @ new all time high, Dow is next in line with much awaited 20,000.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Stocks100 said...

Hi Stocktrader,

Bought GG @ $15.82.

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the adds.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Sold PI @ $34.50

Added 300% GG @ $15.78

Saleem

stocktrader_1996 said...

Hi Saleem,

Nice profit on PI!

Good luck with much more GG!

Stocktrader