Monday, June 19, 2017

Indices closed UP .68% to 1.42%.....NICE !!!!!

Indices closed UP.

S&P 500 @ 2153.46, high 2453.82,low 2441.79

RSI @ 69.09

CMF @ 0.474

Internals were :

UP volume led by 1.97 to 1 in NYSE & 4.62 to 1 in Nasdaq

Advancing stocks led by 1.76 to 1 in NYSE & 2.01 to 1 in Nasdaq

Net new 52 wk highs were leading by 200 in NYSE & 94 in Nasdaq

VIX Down .10% @ 10.37

Oil @ $144.20

Gold @ $1246.70

Stocks which were UP 2% or more     MOMO SWIR TWTR WB
VRX AMD OTEX NTES SWKS NVDA AAPL BABA BAC
OLED TECK JKS SPWR SINA EBAY PCLN MU WYNN
MGA MS SHOP CRUS KBH X......  

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was strong today with indices closing @ high of the day, DOW & S&P 500 closed @ new all time highs.Internals were strong. Nasdaq FAANG and other stocks came to life after 2 weeks of weak performance. Tuesday should be another positive day, this will confirm this new uptrend, specially in Nasdaq.

BLOG does NOT give buy or sell.\

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought SWN @ 5.69

Got a second chance here and taking this opportunity to diversify the portfolio a bit. I like natural gas much better than oil, so SWN is the pure play. I debated whether to do something like solar, but it seems more risky still.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SWN.....

Saleem