Indices closed up.
S&P 500 @ 2329.12, high 2331.58, low 2321.42
RSI @ 72.95
CMF @ 0.300
Internals were :
UP volume led by 2.14 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 1.51 to 1 in NYSE & 1.39 to 1 in Nasdaq
Net new 52 wk highs were leading by 269 in NYSE & 274 in Nasdaq
VIX UP 2.03% @ 11.07
Oil @ $52.93
Gold @ $1225.80
Stocks which were UP 1% or more included FCX OCLR TECK
AKS NTES BAC FNSR CIEN C AMZN OLED TWTR JKS
CSIQ FSLR MSFT TSLA TK FEYE WB CTRP GS MS
SWIR AAL X M....
AH ER....CSOD UP 3.85%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE is strong and buying momentum continues. All major indices were in new all time high, a sign of confidence in this market. Stay in this market for maximum gains. Taking profit is OK and buying undervalued good stock is a good strategy. Stay diversified but keep an eye on gains in your portfolio.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
You have held on to OCLR despite its downward trend. Well done.
Good luck to everyone.
Joseph
Hi Joseph,
Knowing fundamental of OCLR helps me in showing conviction.
Patience is key against wall street agenda.
Good luck to you also!
Saleem
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