Tuesday, January 2, 2018

Indices closed UP .42% to 1.50%....NICE !!!!

Indices closed UP.

S&P 500 @ 2695.79, high 2695.89, low 2682.36

RSI @ 68.24

CMF @ -0.104

Internals were :

UP volume led by 2.85 to 1 in NYSE & 3.66 to 1 in Nasdaq

Advancing stocks led by 1.64 to 1 in NYSE & 2.00 to 1 in Nasdaq

Net new 52 wk highs were leading by 153 in NYSE & 151 in Nasdaq

VIX Down 11.50% @ 9.77

Oil @ $60.37

Gold @ $1316.10

Stocks which were UP 4% or more included CTRP MARA MOMO
SHOP SQ WB BABA TRIL BZUN AMD NFLX JD SPWR FSLR
JKS MU VRX FCX UA ABX SINA VECO TWLO FNSR TK
LTEA TEUM DPW SSC SPLK X M.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was very strong and markets closed @ high of the day, S&P 500 and Nasdaq made a new all time high. Just about every sector participated except gaming stocks which had below expectations December Macau revenue growth. US market was strong due to better economic data and higher expectations of US GDP in 2018.

BLOG does NOT give buy or sell.

Saleem

No comments: