Monday, February 26, 2018

Indices closed UP 1.15% to 1.58%....NICE !!!!

Indices closed UP.

S&P 500 @ 2779.60, high 2780.64, low 2753.78

RSI @ 57.85

CMF @ -0.092

Internals were :

UP volume led by 2.63 to 1 in NYSE & 2.87 to 1 in Nasdaq

Advancing stocks led by 2.04 to 1 in NYSE & 1.91 to 1 in Nasdaq

Net new 52 wk highs were leading by 73 in NYSE & 78 in Nasdaq

VIX Down 4.18% @ 15.80

Oil @ $63.91

Gold @ $1332.80

Stocks which were UP 1% or more included FSLR SQ
AAPL GOOG BIDU AMZN BAC CNQ AMD CSIQ
AMAT FFIV JKS LRCX MA MSFT MU NFLX
QRVO SBUX SPWR TSLA TSM VECO FEYE
CIEN WYNN GS MS ORCL CRUS SWKS
TNA NKE AAL X M PANW.....

AH news...PANW UP 5.19%, FIT Down 13%
                  NTRI Down 27.44%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE continued its bull run and getting pretty close to making new all time highs. Indices closed @ absolute high of the day sign of strong technicals, internals were mostly positive. Most sector participated in today's UP move. TAPE has found its footing and may surprise now on the UP side.

BLOG does NOT give buy or sell.

Saleem 

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought MHO @ 32.34

I wanted to buy a homebuilder on a dip and picked this one for its geographic exposure to some of the emerging good housing spots instead of the very hot ones of the last 5 years.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with MHO.

Saleem