Monday, March 27, 2017

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2341.59, low 2322.25, high 2344.90

RSI @ 43.74

CMF @ -0.007

Internals were :

UP volume led by .94 to 1 in NYSE & 1.66 to 1 in Nasdaq

Advancing stocks led by 1.00 to 1 in NYSE & 1.29 to 1 in Nasdaq

Net new 52 wk highs were leading by 11 in NYSE & 9 in Nasdaq

VIX Down 3.55% @ 12.50

Oil @ $47.73

Gold @ $1255.70

Stocks which were UP 1% or more included    MU TECK
CY PI GG ABX SLW AEM KGC QRVO LVS WYNN
JKS CSIQ SPWR COH NFLX TSLA PCLN WB
SNAP MGA OPK....

AH ER....RHT UP 5.29%, DECK UP 1.75%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was sinking on open, then a gradual recovery took place, when buyers came in.Indices closed near high of the day after breaching 50 DMA in Dow & S&P 500, a very impressive reversal.Technology was strong and financials were weak. A well diversified portfolio worked well today. A green close on Tuesday should set the tone for higher highs.

BLOG does NOT give buy or sell.

Saleem




No comments: