Indices closed UP.
S&P 500 @ 2394.02, high 2395.46, low 2386.92
RSI @ 55.67
CMF @ 0.207
Internals were :
UP volume led by 1.57 to 1 in NYSE & 2.45 to 1 in Nasdaq
Advancing stocks led by 2.15 to 1 in NYSE & 1.95 to 1 in Nasdaq
Net new 52 wk highs were leading by 127 in NYSE & 88 in Nasdaq
VIX Down 9.22% @ 10.93
Oil @ $51.13
Gold @ $1261.40
Stocks which were UP 1% or more BABA OCLR OLED WB
BIDU NTES FNSR AMZN SWKS QRVO NVDA GG ABX
TECK LVS MA JKS SPWR MSFT SINA YUM FFIV TK
PCLN FEYE YELP CIEN WYNN AAL M......
AH ER...TTWO Down 8.17%
AH Futures Down
AH Asian Markets Down
AH Oil & Gold UP
About market, Indices closed near high of the day, internals were strong. Most sectors participated in today's rally. Buyers are coming to the market on any dip and oil being above $51 is giving confidence to this rally. OPEC meets Thursday and expectations are they will extend their quotas longer than usual 6 months. Ariana Grande concert was subjected to terrorist attack in Manchester, England, where casualties are 20 dead and many injured, this may put a damper to open in New York.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Salee & Stocktrader,
Got into DY at low of today. Earnings tomorrow am. Can you please share your thoughts.
Explorer
Hi Explorer,
DY chart looks strong and ready to take out recent high.
CMF is positive and RSI @ 64.19 leaves lot of room for upside.
Overall looks good!
Saleem
Hi Explorer,
The chart looks very constructive here but it's always hard to own something right before earnings unless you are comfortable with the company and its prospects. I hope you do well! :)
Stocktrader
Thank you both of you for your inputs
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