Indices closed UP .38% to .53%...NICE !!!!

Indices closed UP after being down earlier.

S&P 500 @ 2088.00, high 2092.90, low 2074.99

RSI @ 47.75

CMF @ 0.054

Internals were :

UP volume led by 1.28 to 1 in NYSE & 3.69 to 1 in Nasdaq

Advancing stocks led by 1.37 to 1 in NYSE & 1.24 to 1 in Nasdaq

Net new 52 wk lows were leading by 31 in NYSE & 19 in Nasdaq

VIX Down .13% @ 15.13

Oil @ $58.94

Gold @ $1182.20

Stocks which were UP 1% or more included AKS GPRO
LEN YELP YHOO BIDU TSLA GOOGL BABA 
NXPI TWTR SWIR WUBA COH AMZN
EXPE YUM FFIV MA V FSLR SPWR
CRUS BRCM AMCC CIEN JDSU
C AAL M SLW AEM CSOD 
MGA MS Z AGU TRIP
MLNX......

AH ER..SWIR UP 1.74%, CYBR UP 2.28%,
               DATA UP 7.77%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE proved all the famous bears who keep jumping on bear bandwagon with no horses, that they need to eat humble pie as market is smarter than all of them put together. Now the latest anxiety is jobs report as if everything is based on one report only, it is the trend which matters. Keep your focus away from all the noise @ 830 AM, we need to see how we close @ 4 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed