Indices closed UP .19% to .26%...NICE !!!!

Indices closed UP.

S&P 500 @ 2051.31, high 2074.28, low 2049.73

RSI @ 38.32

CMF @ -0.196

Internals were :

UP volume led by 1.74 to 1 in NYSE & 1.23 to 1 in Nasdaq

Advancing stocks led by 1.38 to 1 in NYSE & 1.76 to 1 in Nasdaq

Net new 52 wk lows were leading by 81 in NYSE & 43 in Nasdaq

VIX UP 1.58% @ 19.97

Oil @ $52.78

Gold @ $1159.20

Stocks which were UP 1% or more included GPRO RAD VDSI
VIPS BITA FEYE YY YHOO LNKD BIDU TSLA BABA
LVS WYNN JKS CSIQ AMZN SINA NFLX SPLK
QIHU SBUX C DATA CSOD Z WYNN......

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was extremely sloppy and closed near low of the day, extremely bad technical action on a deeply oversold bounce. Even IF there is an agreement on Greece extension any strength is a sell again. I foresee major dip below 200 DMA  before support can be found. Stay with your core position only, keep exposure well within your comfort level.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed