Thursday, March 30, 2017

Indices closed UP .28% to .33%....NICE !!!!

Indices closed UP.

S&P 500 @ 2368.06, high 2370.42, low 2358.58

RSI @ 56.64

CMF @ 0.077

Internals were :

UP volume led by 1.22 to 1 in NYSE & 1.65 to 1 in Nasdaq

Advancing stocks led by 1.56 to 1 in NYSE & 1.49 to 1 in Nasdaq

Net new 52 wk highs were leading by 90 in NYSE & 83 in Nasdaq

VIX UP 1.05% @ 11.54

Oil @ $50.35

Gold @ $1248.00

Stocks which were UP 1% or more included AMD BIDU MU
CIEN AKS OLED QRVO BAC C GS MS NVDA CMG 
FCX SBUX NFLX CSIQ AGU CRUS AAL X .....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE continued its run towards a new all time high closing in Nasdaq, others indices were green @ close. Internals remained positive. Financials were strong along with technology. Many sectors participated in today's rally. Friday close could be positive again. Stay with conviction and patience with your high comfort stocks. There is a closing BLOG only around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem


3 comments:

Stocks100 said...


Hi Stocktrader,

Bought CY @ $13.80.

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with CY.

I've not made a single trade this week. I can't remember if that's ever happened before...and it's been a huge week! :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with your strategy. ..still few hours left in trading. ..

Saleem