Indices closed UP .83% to 1.36%....NICE !!!!!

Indices closed @ new record highs.


S&P 500 @ 1706.87, high 1707.85


RSI @ 69.25


CMF @ 0.268


Internals were :


UP volume led by 3.42 to 1 in NYSE & 3.58 to 1 in Nasdaq


Advancing stocks led by 1.63 to 1 in NYSE & 2.57 to 1 in Nasdaq


Net new 52 wk highs were leading by 307 in NYSE & 286 in Nasdaq


VIX Down 3.79% @ 12.94


Oil @ $107.89


Gold @ $1311.20


Stocks which were UP 1% or more included CLF MU AMD F

KORS FB CLDX KOG POT TCK GMCR NFLX LNKD

TIF AMZN GOOG RDN DNKN LULU BAC EBAY

LVS BIDU FFIV PCLN MA V ARUN CRUS C

LRCX SNDK CIEN JDSU FNSR QCOM

MOS NVDA M SBUX STLD SU MS

MGA SINA Z WYNN GS TRLA.....


In my portfolio :


Sold AMD @ $3.81


Bought F @ $17.19


Exposure 121%


AH ER :


Negative reaction OPEN Down 6.70%, WTW Down 14.74%


Positive reaction KOG UP 1.32%, LNKD UP 7.03%


AH Futures UP


AH Asian Markets UP


AH Oil UP


AH Gold Down


About market, TAPE was strong & closed near highs. Internals were strong. Momentum should continue as i am expecting jobs report to be in line or better.


BLOG does NOT give buy or sell.


Saleem

Posted in: Mixed