Thursday, April 6, 2017

Indices closed UP .07% to .25%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2357.49, high 2364.16, low 2348.90

RSI @ 50.81

CMF @ 0.031

Internals were :

UP volume led by 2.57 to 1 in NYSE & 1.62 to 1 in Nasdaq

Advancing stocks led by 3.20 to 1 in NYSE & 2.18 to 1 in Nasdaq

Net new 52 wk highs were leading by 47 in NYSE & lows by 21 in Nasdaq

VIX Down 3.88% @ 12.39

Oil @ $51.70

Gold @ $1248.50

Stocks which were UP 1% or more included MU OCLR TECK
AKS PI QRVO VRX CHK UA LULU JKS CSIQ COH TSLA 
DNKN EBAY YUM TK RIG FEYE LNG WYNN TRIP
MLNX DATA CSOD CRUS KBH M PANW CNX.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong whole day until close, near close it faded but closed green, there was international tension due to Syrian situation and result of summit with Chinese leaders. Market internals were mostly strong.Most sectors were green except some technology and gold stocks.Its jobs report time@ 830 AM, expect another strong data. There is a closing BLOG only on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem


4 comments:

Stocks100 said...


Hi Stocktrader,

Added 70% OCLR @ $9.22 in pre-market.

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more OCLR. I see it got included in the S&P 600 index.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Honestly, if the market has survived everything it has this week, there's probably not much downside left. Barring new developments, I'm expecting upside next week.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Every selling has been a buying opportunity.

Perfect trading market.

Saleem