Tuesday, August 29, 2017

Indices closed UP .08% to .30%....NICE !!!!

Indices closed UP.

S&P 500 @ 2446.30, high 2449.19, low 2428.20

RSI @ 47.84

CMF @ -0.021

Internals were :

UP volume led by .83 to 1 in NYSE & 1.31 to 1 in Nasdaq

Advancing stocks led by .95 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 4 in NYSE & 22 in Nasdaq

VIX UP 3.36% @ 11.70

Oil @ $46.44

Gold @ $1318.90

In my portfolio added 200% SNAP @ $14.98

Stocks which were UP 1% or more included NFLX WB MU
ABX AEM JKS EXPE SU EBAY RIG WYNN MLNX
CSOD ULTA X LRCX......

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE slumped @ open but closed green, this proves that buyers are waiting for the right price, bargain hunting is alive and well. Most well known stocks were bought and closed near high of the day. IF we get another green close, then this turnaround may last.

BLOG does NOT give buy or sell.

Saleem

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