Thursday, December 28, 2017

Indices closed UP .16% to .26%....NICE !!!!

Indices closed UP.

S&P 500 @ 2687.54, high 2687.66, low 2682.69

RSI @ 70.37

CMF @ -0.061

Internals were :

UP volume led by 2.35 to 1 in NYSE & 1.60 to 1 in Nasdaq

Advancing stocks led by 1.92 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new 52 wk highs were leading by 109 in NYSE & 84 in Nasdaq

VIX Down 2.77% @ 10.18

Oil @ $59.84

Gold @ $1297.20

Stocks which were UP 1% or more included NFLX SWIR
FCX SU VECO CHK LTEA KBH X CNX....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was mixed then turned and closed @ high of the day, a very good technical action. Cryptocurrencies were sharply lower on South Korea regulation, but it is a step in right direction.Internals were mostly positive. CMF still negative in 3 major indices. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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