Monday, July 9, 2018

Indices closed UP .88% to 1.31%....NICE !!!!

Indices closed UP.

S&P 500 @ 2784.17, high 2784.65, low 2768.51

RSI @ 61.57

CMF @ 0.016

Internals were :

UP volume led by 2.37 to 1 in NYSE & 2.44 to 1 in Nasdaq

Advancing stocks led by 1.77 to 1 in NYSE & 1.65 to 1 in Nasdaq

Net new 52 wk highs were leading by 152 in NYSE & 124 in Nasdaq

VIX Down 5.09% @ 12.69

Oil @ $73.85

Gold @ $1259.60

Stocks which were UP 2% or more included BIDU BZUN HUYA IQ
YY DQ BILI SOGO OLED NTES MU HAL GS MS FCX JKS
CSIQ NFLX TECK TSLA VRX RIG FEYE WYNN MGA
ULTA KBH CMG AAL CNX......

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was strong for 3rd day in a row and repaired all technicals, Internals were strong & positive all over.Today was a broad based lift off. We are all set to make new all time highs in RUT followed by Nasdaq, S&P 500 & Dow to follow in short order. High beta stocks came to life again.

BLOG does NOT give buy or sell.

Saleem


No comments: