Wednesday, April 26, 2017

Indices closed down 0% to .10%......

Indices closed down.

S&P 500 @ 2387.45, low 2386.45, high 2398.16

RSI @ 62.67

CMF @ -0.010

Internals were :

UP volume led by 1.11 to 1 in NYSE & 1.04 to 1 in Nasdaq

Advancing stocks led by 1.37 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 282 in NYSE & 240 in Nasdaq

VIX UP .84% @ 10.85

Oil @ $49.62

Gold @ $1264.20

Stocks which closed green included TECK TWTR
CIEN OLED AMZN FB CTRP WB VRX LEN
SINA DNKN EXPE EBAY PCLN YELP FSLR
SPWR WYNN LVS GG FCX UA LULU JKS
SBUX AGU TRIP MS SLW AEM KORS
KBH CMG M.....

AH News...FFIV Down 7.87%, MLNX Down 10.9%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong from open but lost all its gains by close, Nasdaq managed to go to new all time high intraday. Indices needed to catch its breadth after 2.5 day of hectic run. Internals remained strong @ close. Earnings have been good so far, we have some important earnings coming after close on Thursday GOOG AMZN BIDU CY , their reaction will set the tone for this market for Friday.

BLOG does NOT give buy or sell.

Saleem



2 comments:

Stocks100 said...

Hi Stocktrader,

Sold TECK @ $20.48

Saleem

stocktrader_1996 said...

Hi Saleem,

TECK had so much promise but couldn't deliver the last two quarters. Good luck with the new pick! :)

Stocktrader