Indices closed down.
S&P 500 @ 2115.48, low 2107.73, high 2117.64
RSI @ 63.93
CMF @ 0.229
Internals were :
Down volume led by 2.01 to 1 in NYSE & 1.38 to 1 in Nasdaq
Declining stocks led by 1.63 to 1 in NYSE & 2.24 to 1 in Nasdaq
Net new 52 wk highs were leading by 216 in NYSE & 64 in Nasdaq
VIX UP 3.98% @ 14.64
Oil @ $50.56
Gold @ $1272.70
Canadian $ @ .7269
Stocks which closed green BIDU KGC SBUX VRX
GOOG AAPL AMZN LULU AUY GG ABX
SLW AEM LNKD YHOO SWN YELP
OLED AAL LRCX MCD CRUS
TRIP......
AH ER.....URBN Down 7.77%
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was under mild selling pressure after making series of 2016 highs, by close we were @ near high of the day, IF this does not convince anyone of strength of this market, there is no other convincing argument, how we close, always determines technical health of any market. Technicians have failed to call the direction of this TAPE, now we have Soro's of this world trying to talk this market down, never have worked before, will not work this time either. Was caught in an urgent need, thus missed afternoon BLOG.There is a closing BLOG around 7 PM on Friday's.
BLOG does NOT give buy or sell.
Saleem
Thursday, June 9, 2016
Wednesday, June 8, 2016
Indices closed UP .26% to .37%.....NICE !!!!
Indices closed UP.
S&P 500 @ 2119.12, high 2120.55, low 2112.71
RSI @ 65.98
CMF @ 0.150
Internals were :
UP volume led by 2.16 to 1 in NYSE & 1.36 to 1 in Nasdaq
Advancing stocks led by 2.07 to 1 in NYSE & 1.88 to 1 in Nasdaq
Net new 52 wk highs were leading by 280 in NYSE & 101 in Nasdaq
VIX UP .21% @ 14.08
Oil @ $51.23
Gold @ $1262.30
In my portfolio Bought CNQ @ $30.38.....
Stocks which closed UP included JKS KGC UA
LNG GOOG QRVO AMZN FB LULU AUY
GG ABX V CTSH LEN TSLA MA CHK
TK RIG YELP TCK SLW AEM CRUS
DATA SWIR CSOD ZG TRIP MLNX.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed @ near high of the day, a very bullish sign. Internals also improved all over.Oil above $51 is a bullish sign for the direction of this market. S&P 500 may attempt @ new all time high in next few days. This TAPE has taken all pundits by surprise with a very bullish slant. IF we make new all time high, then expect major short covering, which may propel this market further UP.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2119.12, high 2120.55, low 2112.71
RSI @ 65.98
CMF @ 0.150
Internals were :
UP volume led by 2.16 to 1 in NYSE & 1.36 to 1 in Nasdaq
Advancing stocks led by 2.07 to 1 in NYSE & 1.88 to 1 in Nasdaq
Net new 52 wk highs were leading by 280 in NYSE & 101 in Nasdaq
VIX UP .21% @ 14.08
Oil @ $51.23
Gold @ $1262.30
In my portfolio Bought CNQ @ $30.38.....
Stocks which closed UP included JKS KGC UA
LNG GOOG QRVO AMZN FB LULU AUY
GG ABX V CTSH LEN TSLA MA CHK
TK RIG YELP TCK SLW AEM CRUS
DATA SWIR CSOD ZG TRIP MLNX.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed @ near high of the day, a very bullish sign. Internals also improved all over.Oil above $51 is a bullish sign for the direction of this market. S&P 500 may attempt @ new all time high in next few days. This TAPE has taken all pundits by surprise with a very bullish slant. IF we make new all time high, then expect major short covering, which may propel this market further UP.
BLOG does NOT give buy or sell.
Saleem
Indices UP .16% to .19%.......NICE !!!!
Indices are higher and making new highs for 2016, oil is UP giving support to bullish TAPE.
S&P 500 @ 2116.43, high 2119.87, low 2112.71
Internals are positive
Oil UP 79 cents
Gold UP $17.00
Canadian $ UP 25 tick @ .7291
VIX UP .43% @ 14.11
In my portfolio :
Sold UA @ $38.35
Bought VRX @ $24.03
Portfolio BIDU CMG JKS KGC JCP SBUX TWTR VRX
Most stocks are UP
@ 2.16 following are red :
BIDU CMG VRX CTRP NTES SU CNQ NFLX CSIQ
SINA FFIV SWN FEYE MU AMCC .....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2116.43, high 2119.87, low 2112.71
Internals are positive
Oil UP 79 cents
Gold UP $17.00
Canadian $ UP 25 tick @ .7291
VIX UP .43% @ 14.11
In my portfolio :
Sold UA @ $38.35
Bought VRX @ $24.03
Portfolio BIDU CMG JKS KGC JCP SBUX TWTR VRX
Most stocks are UP
@ 2.16 following are red :
BIDU CMG VRX CTRP NTES SU CNQ NFLX CSIQ
SINA FFIV SWN FEYE MU AMCC .....
BLOG does NOT give buy or sell.
Saleem
Tuesday, June 7, 2016
Indices closed mixed......
Indices closed mixed.
S&P 500 @ 2112.13, high 2119.22, low 2110.18
RSI @ 63.91
CMF @ 0.168
Internals were :
UP volume led by 1.61 to 1 in NYSE & 1.33 to 1 in Nasdaq
Advancing stocks led by 1.67 to 1 in NYSE & 1.07 to 1 in Nasdaq
Net new 52 wk highs were leading by 220 in NYSE & 85 in Nasdaq
VIX UP 2.93% @ 14.05
Oil @ $50.36
Gold @ $1244.40
In my portfolio :
Sold CNQ @ $31.28
Added 55% TWTR @ $15.00
Stocks which closed green included JKS JCP UA CNQ
LNG NXPI SPLK PCLN AAPL QRVO LVS COH
CTSH LEN TSLA EXPE SU EBAY FFIV CHK
RIG LNG FSLR MU CIEN AAL LRCX
ZG CRUS MGA WYNN AGU
MLNX......
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continued its higher run for 2016. By close indices closed near low of the day, TAPE seems tired and may need time to digest recent gains. VIX stubbornly have been staying positive for two days, may be signalling a mini pullback. Important to book gains or risk losing it. Look @ RSI for selling and buying @ this stage.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2112.13, high 2119.22, low 2110.18
RSI @ 63.91
CMF @ 0.168
Internals were :
UP volume led by 1.61 to 1 in NYSE & 1.33 to 1 in Nasdaq
Advancing stocks led by 1.67 to 1 in NYSE & 1.07 to 1 in Nasdaq
Net new 52 wk highs were leading by 220 in NYSE & 85 in Nasdaq
VIX UP 2.93% @ 14.05
Oil @ $50.36
Gold @ $1244.40
In my portfolio :
Sold CNQ @ $31.28
Added 55% TWTR @ $15.00
Stocks which closed green included JKS JCP UA CNQ
LNG NXPI SPLK PCLN AAPL QRVO LVS COH
CTSH LEN TSLA EXPE SU EBAY FFIV CHK
RIG LNG FSLR MU CIEN AAL LRCX
ZG CRUS MGA WYNN AGU
MLNX......
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continued its higher run for 2016. By close indices closed near low of the day, TAPE seems tired and may need time to digest recent gains. VIX stubbornly have been staying positive for two days, may be signalling a mini pullback. Important to book gains or risk losing it. Look @ RSI for selling and buying @ this stage.
BLOG does NOT give buy or sell.
Saleem
Indices UP .15% to .45%.....NICE !!!!
Indices are into another record for 2016 @ high of the day with oil being higher. German data was also above forecast.
S&P 500 @ 2118.52, high 2119.22, low 2110.18
Internals are positive by 2 to 1 in NYSE & by 40% in Nasdaq
Oil UP 53 cents
Gold UP 50 cents
Canadian $ UP 51 tick @ .7236
VIX UP .22% @ 13.68
In my portfolio...Added 150% KGC @ $4.94
Portfolio BIDU CNQ CMG JKS KGC JCP SBUX TWTR UA
Most stocks are UP
@ 2.33 following are red :
BIDU CMG KGC TWTR VRX CTRP PANW AMZN FB
LULU GG ABX AUY LNKD YHOO TK SSYS WB
SPWR GS TRIP YELP......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2118.52, high 2119.22, low 2110.18
Internals are positive by 2 to 1 in NYSE & by 40% in Nasdaq
Oil UP 53 cents
Gold UP 50 cents
Canadian $ UP 51 tick @ .7236
VIX UP .22% @ 13.68
In my portfolio...Added 150% KGC @ $4.94
Portfolio BIDU CNQ CMG JKS KGC JCP SBUX TWTR UA
Most stocks are UP
@ 2.33 following are red :
BIDU CMG KGC TWTR VRX CTRP PANW AMZN FB
LULU GG ABX AUY LNKD YHOO TK SSYS WB
SPWR GS TRIP YELP......
BLOG does NOT give buy or sell.
Saleem
Monday, June 6, 2016
Indices UP .49% to .64%....NICE !!!!
Indices closed UP.
S&P 500 @ 2109.41, high 2113.36, low 2100.83
RSI @ 63.10
CMF @ 0.189
Internals were :
UP volume led by 3.17 to 1 in NYSE & 2.10 to 1 in Nasdaq
Advancing stocks led by 2.28 to 1 in NYSE & 2.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 217 in NYSE & 83 in Nasdaq
VIX UP 1.34% @ 13.65
Oil @ $49.69
Gold @ $1247.40
Stocks which were UP !% or more included
CNQ CMG JKS KGC SBUX UA
CTRP SPLK SPWR PCLN QRVO LULU
AUYNFLX CSIQ YHOO SINA DNKN SU CHK
SWN TK SSYS RIG FEYE WB BABA YELP FSLR
AMCC CIEN OLED AAL TCK SLW CRUS DATA MS
ZG AGU TRIP MLNX......
AH ER...AXLL UP 7%, ALXN Down 10.52%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was strong from open, Fed chief gave a further boost when she highlighted strength in economy and need to raise interest rates sometimes without mentioning month, that was enough assurance to traders that everything is moving in right direction in US. Indices closed near high of the day with strong internals. New all time high is in sight as we closed @ the highest level of 2016.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2109.41, high 2113.36, low 2100.83
RSI @ 63.10
CMF @ 0.189
Internals were :
UP volume led by 3.17 to 1 in NYSE & 2.10 to 1 in Nasdaq
Advancing stocks led by 2.28 to 1 in NYSE & 2.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 217 in NYSE & 83 in Nasdaq
VIX UP 1.34% @ 13.65
Oil @ $49.69
Gold @ $1247.40
Stocks which were UP !% or more included
CNQ CMG JKS KGC SBUX UA
CTRP SPLK SPWR PCLN QRVO LULU
AUYNFLX CSIQ YHOO SINA DNKN SU CHK
SWN TK SSYS RIG FEYE WB BABA YELP FSLR
AMCC CIEN OLED AAL TCK SLW CRUS DATA MS
ZG AGU TRIP MLNX......
AH ER...AXLL UP 7%, ALXN Down 10.52%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was strong from open, Fed chief gave a further boost when she highlighted strength in economy and need to raise interest rates sometimes without mentioning month, that was enough assurance to traders that everything is moving in right direction in US. Indices closed near high of the day with strong internals. New all time high is in sight as we closed @ the highest level of 2016.
BLOG does NOT give buy or sell.
Saleem
Indices UP .55% to .72%.....NICE !!!!!
Indices are @ high of the day after Janet Yellen said, not to pay too much attention to last jobs report, and insisted that US economy is robust, which is my conclusion in my Sunday BLOG.
S&P 500 @ 2111.11, high 2111.35, low 2100.83
Internals are positive by 2 to 1
Oil UP 73 cents
Gold UP $3.50
Canadian $ UP 1.01 cent @ .7169
VIX Up .52% @ 13.54
In my portfolio :
Bought KGC @ $4.89
Portfolio BIDU CNQ CMG JKS KGC JCP SBUX TWTR UA
Most stocks are UP
@ 2.21 following are red :
NXPI GOOG NTES ABX GG COH EXPE M LRCX
AEM......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2111.11, high 2111.35, low 2100.83
Internals are positive by 2 to 1
Oil UP 73 cents
Gold UP $3.50
Canadian $ UP 1.01 cent @ .7169
VIX Up .52% @ 13.54
In my portfolio :
Bought KGC @ $4.89
Portfolio BIDU CNQ CMG JKS KGC JCP SBUX TWTR UA
Most stocks are UP
@ 2.21 following are red :
NXPI GOOG NTES ABX GG COH EXPE M LRCX
AEM......
BLOG does NOT give buy or sell.
Saleem
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