Indices closed UP .51% to .64%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2096.29, high 2097.40, low 2082.10

RSI @ 47.75

CMF @ -0.105

Internals were :

UP volume led by 2.14 to 1 in NYSE & 1.93 to 1 in Nasdaq

Advancing stocks led by 1.76 to 1 in NYSE & 1.45 to 1 in Nasdaq

Net new 52 wk lows were leading by 14 in NYSE & highs by 94 in Nasdaq

VIX Down 3.77% @ 14.81

Oil @ $59.97

Gold @ $1180.90

Stocks which were UP 1% or more included RAD VDSI
VIPS YELP TSLA DNKN YUM HIMX AMCC 
NFLX SBUX CSOD MLNX....

AH ER... ADBE Down 1.36%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was strong and closed @ high of the day. Internals improved substantially. Greece situation is moving in positive direction. Fed statement will be a boost for bulls, Q & A session will confirm that interest hike is not imminent and may be as low as 1/8% hike in September.Market should be strong on Wednesday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed