Indices closed UP.
S&P 500 @ 2529.12, high 2529.23, low 2520.40
RSI @ 72.05
CMF @ 0.409
Internals were :
UP volume led by 1.96 to 1 in NYSE & 2.47 to 1 in Nasdaq
Advancing stocks led by 1.81 to 1 in NYSE & 2.36 to 1 in Nasdaq
Net new 52 wk highs were leading by 268 in NYSE & 327 in Nasdaq
VIX Down .63% @ 9.45
Oil @ $50.58
Gold @ $1275.80
Stocks which were UP 1% or more included SQ
MU SHOP WUBA FNSR NTES JD BZUN
WB OCLR MOMO SNAP VRX SWIR GG
TWTR BAC TECK FCX LVS SINA CHK
EXPE FFIV PCLN TK FEYE LNG OPK
YELP FSLR TRIP MLNX MS CRUS
KBH X......
AH news....TSLA Down 1.62%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was strong and finished @ new all time highs in DOW, S&P 500 and Nasdaq, Internals were very strong. New 52 wk high list was the strongest in a long time. CMF has improved big time as money flow is strong. Again FANG sat out this day and money poured into small cap. A diversified portfolio has the best chance to participate in this rotation TAPE.
BLOG does NOT give buy or sell.
Saleem
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