Indices closed UP.
S&P 500 @ 2561.26, high 2564.11, low 2559.67
RSI @ 75.17
CMF @ 0.333
Internals were :
UP volume led by .99 to 1 in NYSE & 1.28 to 1 in Nasdaq
Advancing stocks led by 1.09 to 1 in NYSE & 1.32 to 1 in Nasdaq
Net new 52 wk highs were leading by 137 in NYSE & 113 in Nasdaq
VIX Down 2.33% @ 10.07
Oil @ $52.04
Gold @ $1283.00
Stocks which were UP 1% or more included SHOP
BABA LULU TSLA FNSR JD WB MOMO MU
BAC GS MS SBUX EXPE EBAY YELP MGA
CRUS X M LRCX CNX....
AH ER...ADBE UP 8.03%, EBAY Down 5.87%
AH Futures Mixed
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE showed where money flow is, it is in non technology for the most part. All indices made a new all time highs today. Internals are not very convincing on a record day. Financials were the star of the day, technology was most disappointing @ close barely green. Again how we close in sector where you invest, is the key in this market.
ps....I am tied up with visitors, there is no BLOG on Thursday, next BLOG around 7 PM on Friday.
BLOG does NOT give buy or sell.
Saleem
7 comments:
Got some PYPL calls
Hi Explorer,
Good luck with PayPal and RedHat calls.
Saleem
Hi Saleem,
Sold FSLR @ 47.39
The stock has lagged the market, and the sector has lagged even worse. The best house in a bad neighborhood is still a tough play. I'm moving to the sidelines.
Stocktrader
Hi Stocktrader,
Good luck with your next move.
Saleem
Paypal is doing good today. Looking For CAT entry
Hi Saleem,
Added to HCLP @ 9.75
The chart sets up for another leg higher, and the announcement this week strong indicates a bottoming in fundamentals in my opinion.
Stocktrader
Hi Stocktrader,
Good luck with more HCLP.
Saleem
Post a Comment