Indices closed UP .58% to .72%....NICE !!!!

Indices closed UP near high of the day.

S&P 500 @ 2122.85, high 2129.89, low 2112.50

RSI @ 56.34

CMF @ -0.057

Internals were :

UP volume led by 1.99 to 1 in NYSE & 2.61 to 1 in Nasdaq

Advancing stocks led by 1.49 to 1 in NYSE & 1.78 to 1 in Nasdaq

Net new 52 wk highs were leading by 115 in NYSE & 182 in Nasdaq

VIX Down 8.74% @ 12.74

Oil @ $60.38

Gold @ $1184.10

Stocks which closed UP 1% or more included BBRY VDSI
FB LEN JKS SNDK C NFLX AAL STLD CSOD CNQ
MS GS AGU.....

In my portfolio :

Bought TWTR @ $35.60

Portfolio AKS BBRY GPRO LULU RAD SWIR TWTR

AH ER...SONC Down 5.64%

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE got a boost from Greek effort to propose cuts in pension & hike in taxes which ECB & IMF was looking for, there is reasonable ground for striking a deal now, it may take several days to itemize each items for implementation & deadlines. Nasdaq is @ all time high again. We may get follow through in this run, but it is a chance to book profit. Stocks which have pulled back already are attractive buys.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed