Indices closed UP.
S&P 500 @ 2510.06, high 2510.81, low 2502.93
RSI @ 65.15
CMF @ 0.336
Internals were :
UP volume led by 1.26 to 1 in NYSE & 1.20 to 1 in Nasdaq
Advancing stocks led by 1.47 to 1 in NYSE & 1.35 to 1 in Nasdaq
Net new 52 wk highs were leading by 139 in NYSE & 196 in Nasdaq
VIX Down 3.24% @ 9.55
Oil @ $51.56
Gold @ $1288.70
Stocks which were UP 1% or more included SQ
MU SNAP FCX KGC LEN RIG CSOD MCD
OPK AAL LRCX.....
AH news...KBH UP 2.48%, TSN UP 6%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE fought its way to close @ high of the day, too much noise from DC about tax package. S&P 500 closed @ new all time high, Russell also @ new all time high, these stat gives lot of hope for a sustained move UP. Internals remain positive.Many sectors are taking lead away from technology, but sooner or later it is the technology stocks which will take all the headlines.There is only a closing BLOG around 7 PM on Friday's.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Added to ACIA @ 47.27
This makes it nearly my largest position, behind only SPLK. I think the prospects for a small beat quarter, but with a serious guide up for Q4 is taking shape. Given the high short interest and negative sentiment for so long, this could be a rocket ship.
Stocktrader
Hi Stocktrader,
Good luck with overweight ACIA.
Saleem
Hi Stocktrader,
Sold BZUN @ $32.76.
Saleem
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