Indices closed UP.
S&P 500 @ 2684.57, high 2692.64, low 2682.40
RSI @ 70.80
CMF @ -0.080
Internals were :
UP volume led by 2.51 to 1 in NYSE & 1.40 to 1 in Nasdaq
Advancing stocks led by 1.55 to 1 in NYSE & 1.60 to 1 in Nasdaq
Net new 52 wk highs were leading by 155 in NYSE & 68 in Nasdaq
VIX Down 1.03% @ 9.62
Oil @ $58.36
Gold @ $1279.70
Stocks which were UP 1% or more included BIDU WB
BABA NTES LULU SPWR JKS VRX CNQ BAC GS
TECK FCX UA LEN KBH SINA DNKN CHK TK
RIG LNG CIEN AGU ULTA NKE AAL X....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE ended green but closed near low of the day, internals were strong and majority of stocks participated in this rally. Government shutdown is avoided again and tax reform is ready to take effect. Tax reform is a huge catalyst for US economy and many corporation are already making adjustment in wages / bonus. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
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