Monday, July 2, 2018

Indices closed UP .15% to .76%....NICE !!!!

Indices closed UP.

S&P 500 @ 2726.71, high 2727.26, low 2698.95

RSI @ 47.02

CMF @ 0.046

Internals were :

UP volume led by .92 to 1 in NYSE & 1.90 to 1 in Nasdaq

Advancing stocks led by 1.09 to 1 in NYSE & 1.55 to 1 in Nasdaq

Net new 52 wk lows were leading by 126 in NYSE & 31 in Nasdaq

VIX Down 3.05% @ 15.60

Oil @ $73.94

Gold @ $1241.70

Stocks which were UP 2% or more included NVDA
DQ SQ MOMO MU VICR SHOP JKS SPWR
FEYE TWTR MLNX FNSR ORCL CMG...

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP.

About market, TAPE was under selling pressure again but managed to close higher in all indices, it seems that stocks found their support today and buying kicked in. Internals were mixed but much better as we closed @ high of the day. S&P 500 closed above 50 & 200 DMA, a very healthy technical improvement.Tuesday we close @ 1 PM for regular trading.

BLOG does NOT give buy or sell.

Saleem

2 comments:

psrajpal said...

Hi Saleem,

BOUGHT SAIL @25.19

Staying away from Chinese stocks for a while.

Portfolio now AVLR, SAIL, GSKY

Thanks

Paramjeet

Stocks100 said...


Hi Paramjeet,

Good luck with SAIL.....

TAPE is bad irrespective of origin....

Saleem