Indices closed UP.
S&P 500 @ 2907.06, high 2916.06, low 2900.71
RSI @ 68.93
CMF @ 0.261
Internals were :
UP volume led by 1.31 to 1 in NYSE & 1.77 to 1 in Nasdaq
Advancing stocks led by 1.23 to 1 in NYSE & 1.28 to 1 in Nasdaq
Net new 52 wk highs were leading by 171 in NYSE & 83 in Nasdaq
VIX Down 1.14% @ 12.18
Oil @ $64.05
Gold @ $1277.20
Stocks which were UP 2% or more included AMD TSLA
MU IQ WB RPKU CGC PRNB AMAT CRUS JKS
NFLX QRVO ALDR WYNN LVS MS OSTK
SWKS......
AH news...CNSL UP 10.34%, RICK UP 9.16%
S Down 7.99%, NTRA Down 6.69%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE staged a modest rally on better earnings, as earnings keeps rolling in, we may see a better quality of bullish action. Internals were all positive and much better than closing Indices numbers. Hopefully we may get confirmation of this rally by close as we inch towards new all time highs, this got to be the most ignored all time highs in the making, which looks very good for further move higher due to low participation.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Saleem,
Again, your insight is great...! your experience and maturity speaks.,,,!
Raja
Hi Saleem,
Sold SWKS @ 93.70 to take profits
Stocktrader
Hi Saleem,
Bought WDC @ 53.80
A price breakout and NAND bottoming are reasons for this purchase.
Stocktrader
Hi Raja,
Thanks for your appreciative message.
Saleem
Hi Stocktrader,
Good luck with WDC.
Saleem
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