Indices closed UP.
S&P 500 @ 2307.87, high 2311.08, low 2296.61
RSI @ 66.49
CMF @ 0.310
Internals were :
UP volume led by 2.32 to 1 in NYSE & 1.74 to 1 in Nasdaq
Advancing stocks led by 1.92 to 1 in NYSE & 2.61 to 1 in Nasdaq
Net new 52 wk highs were leading by 156 in NYSE & 164 in Nasdaq
VIX Down 4.98% @ 10.88
Oil @ $53.00
Gold @ $1236.80
Stocks which were UP 2% or more included CNQ
AKS FNSR CHK CMG UA TSLA DNKN SU
FEYE LNG FSLR SWIR MS AAL X PANW...
AH ER...ATVI UP 10.75%, YELP Down 9.26%
AH Futures UP
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE was strong today and all major indices closed @ new all time highs, oil was green, new highs gets series of new highs. Internals were strong. Stay with conviction in this TAPE, it gets sloppy then regains strength for few days. Booking profit and rotating into new ideas is more profitable. On Friday's there is a closing BLOG only around 7 PM.
BLOG does NOT give buy or sell.
Saleem
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