Thursday, December 7, 2017

Indices UP .29% to .54%....NICE !!!!

Indices closed UP.

S&P 500 @ 2636.98, high 2640.99, low 2626.53

RSI @ 67.37

CMF @ 0.143

Internals were :

UP volume led by 1.88 to 1 in NYSE & 2.53 to 1 in Nasdaq

Advancing stocks led by 1.70 to 1 in NYSE & 1.75 to 1 in Nasdaq

Net new 52 wk highs were leading by 41 in NYSE & 14 in Nasdaq

VIX Down 7.80% @ 10.16

Oil @ $56.69

Gold @ $1253.10

Stocks which were UP 1% or more included MOMO SHOP WB 
BABA NVDA SQ FB OLED LULU SPWR MU VRX GOOG
LVS V MA JKS CSIQ FSLR LEN KBH FNSR LNG GS MS
AGU MLNX MGA AEM NKE AAL X PANW LRCX....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE came to stability today with focus on resolving US Government shutdown issue, all 3 indices closed green for a change, Nasdaq was the strongest with techs back in vogue.
Once shutdown resolution is announced, we may have a very good Friday in market. we have 2 full week before holiday's come into play with low low volume. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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