Thursday, June 22, 2017

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2434.50, low 2433.27, high 2441.62

RSI @ 56.95

CMF @ 0.313

Internals were :

UP volume led by 1.49 to 1 in NYSE & 1.26 to 1 in Nasdaq

Advancing stocks led by 1.41 to 1 in NYSE & Nasdaq (not a typo)

Net new 52 wk highs were leading by 18 in NYSE & 62 in Nasdaq

VIX Down 2.51% @ 10.48

Oil @ $42.74

Gold @ $1249.40

Stocks which were UP 1% or more included BBRY LULU TWTR
TSLA VRX CTRP AMD IAG KGC GG ABX CNQ TECK UA
FCX JKS CSIQ FSLR SPWR DNKN EXPE TK RIG LNG
YELP CIEN DATA MGA ORCL SNAP SPLK AAL M
PANW....

AH ER....BBBY Down 7.44%, 

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed mixed but Nasdaq back to back to gains confirmed technology rally. Internals were all positive. Most sector participated in today's TAPE, that shows broad based participation, even biotechs & solar stocks are acting strong.Friday may end up as another day of green close. There is a closing BLOG only around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold PLNT @ 23.99 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought ORCL @ 50.86

The new big cap growth stock? I think they've hit the inflection point where cloud growth is outpacing their declining legacy business. The story is much improved, and growth managers are severely underweight versus peers that have been hot for a while.

Stocktrader

Stocks100 said...



Hi Stocktrader,

Good move with ORCL....

Saleem