Indices closed UP.
S&P 500 @ 2723.99, high 2729.29, low 2719.07
RSI @ 74.86
CMF @ 0.064
Internals were :
UP volume led by 1.64 to 1 in NYSE & 1.78 to 1 in Nasdaq
Advancing stocks led by 1.46 to 1 in NYSE & 1.50 to 1 in Nasdaq
Net new 52 wk highs were leading by 279 in NYSE & 250 in Nasdaq
VIX UP .77% @ 9.22
Oil @ $62.01
Gold @ $1321.60
Stocks which were UP 2% or more MRVL MOMO SHOP SQ
BZUN AMD GE MU UA FFIV RIG OSTK.....
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continued its bull run into 2018, when TAPE is this strong it is impossible to predict how far or how high this can go, Dow, S&P 500 & Nasdaq all closed @ new all time high. Internals were all positive. Many sectors are joining in this bull run which is very healthy. 830 AM is jobs report, expect it to show strength in US economy. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold X @ 37.87 to take profits with expectations much higher than just a few weeks ago.
Bought LITE @ 50.29 in light of positive supplier results and analyst commentary.
Stocktrader
Hi Stocktrader,
Booking profit in X a good idea.
Good luck with LITE.
Saleem
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