Tuesday, November 21, 2017

Indices closed up .65% to 1.06%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2599.03, high 2601.19, low 2589.17

RSI @ 63.71

CMF @ 0.299

Internals were :

UP volume led by 1.52 to 1 in NYSE & 3.16 to 1 in Nasdaq

Advancing stocks led by 2.11 to 1 in NYSE & 1.92 to 1 in Nasdaq

Net new 52 wk highs were leading by 210 in NYSE & 243 in Nasdaq

VIX Down 8.64% @ 9.73

Oil @ $56.83

Gold @ $1281.70

Stocks which were UP 2% or more included BIDU TSLA
VRX PANW SQ FNSR OLED MU TWTR LEN TRIP
MLNX SPLK AAL.....

AH news....GES Down 12.20%, HPE Down 6.23%
                    BZUN Down 6.02%, GME UP 8.01%

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was strong today and all major indices made a new all time high. Internals improved & was strong. Majority of strong stocks got stronger. Some of the laggards were making strong moves also. Fed minutes will be out @ 2 PM , may give hint to December interest rate hike. Market has discounted December hike already.

BLOG does NOT give buy or sell.

Saleem

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