Indices closed UP.
S&P 500 @ 2433.14, high 2435.28, low 2424.75
RSI @ 64.81
CMF @ 0.310
Internals were :
UP volume led by .82 to 1 in NYSE & 1.63 to 1 in Nasdaq
Advancing stocks led by .89 to 1 in NYSE & 1.13 to 1 in Nasdaq
Net new 52 wk highs were leading by 47 in NYSE & 65 in Nasdaq
VIX Down .57% @ 10.39
Oil @ $45.72
Gold @ $1293.20
Stocks which were UP 1% or more included WB
MCHP TSLA AMD NTES SWKS NVDA MU
BAC UA JKS SINA YEKP CRUS NKE X
AAL....
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under mild selling pressure until Comey's prepared testimony was released, then indices closed near high of the day. Internals were mixed.Thursday being dubbed as very important day for market, first ECB interest rate decision, which i expect no change, second UK election, i expect no change in governing party, third Comey's testimony, i expect no impact as most content is known to market. Thursday may end up as a very strong day in market.
BLOG does NOT give buy or sell.
Saleem
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