Thursday, May 25, 2017

Indices closed UP .34% to .69%....NICE !!!!

Indices closed UP.

S&P 500 @ 2415.07, high 2418.71, low 2408.01

RSI @ 62.81

CMF @ 0.286

Internals were :

UP volume led by .76 to 1 in NYSE & 1.86 to 1 in Nasdaq

Advancing stocks led by 1.08 to 1 in NYSE & 1.15 to 1 in Nasdaq

Net new 52 wk highs were leading by 202 in NYSE & 156 in Nasdaq

VIX Down .30% @ 9.99

Oil @ $48.90

Gold @ $1256.40

Stocks which were UP 1% or more included FB WB
CTRP NTES TSLA GOOG AMZN MU NFLX CY
SBUX MA JKS MSFT CSIQ DNKN EXPE EBAY
YELP DATA SNAP SPLK ULTA AAL LRCX....

AH ER :

COST     UP 1.88%

ULTA     UP 3.91%

SPLK Down 5.59%

GME Down 6.44%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed near high of the day, S&P 500 and Nasdaq closed @ new all time high. All leading technology stocks were strong and made new high list. Chinese Internet stocks moved UP. Internals were mostly positive. GDP report due @ 8 30 AM. Friday there is only a closing BLOG around 7 PM.

BLOG does NOT give buy or sell.

Saleem


2 comments:

stocktrader_1996 said...

Hi Saleem,

Added to ACIA @ 45.91

I really like how this sets up for a new run after prior delays in customer projects are now progressing. Importantly, I think sentiment and price action is washed out so downside is low.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with more ACIA, yes the whole sector is washed out. .

Saleem