Indices closed UP .98% to 1.24%....NICE !!!!

Indices closed near high of the day.

S&P 500 @ 2093.25, high 2095.60, low 2069.09

RSI @ 49.02

CMF @ 0.037

Internals were :

UP volume led by 6.32 to 1 in NYSE & 3.23 to 1 in Nasdaq

Advancing stocks led by 2.71 to 1 in NYSE & 1.64 to 1 in Nasdaq

Net new 52 wk lows were leading by 154 in NYSE & 119 in Nasdaq

VIX Down 13.85% @ 13.44

Oil @ $47.98

Gold @ $1096.40

Stocks which were UP 3% or more included LULU NXPI TWTR VDSI LNKD TSLA SWIR MU JKS CSIQ CRUS X STLD
 SLW CCJ Z .....

AH ER...BWLD UP 8.89%, PNRA UP 7.95%, CTXS UP 3.76%

AKAM Down 10.39%, TWTR Down 11.47%, 
VDSI Down 11.49% YELP Down 17.04%

ER from TWTR & VDSI were a beat on Q2 Sales & EPS, but guiding lower for Q3 / Year VDSI i am keeping as it is guiding slightly lower for the year, TWTR prospects are dimmed based on their prediction of "no user growth in 2015" TWTR to be pruned out of my portfolio first thing.

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE staged a major oversold bounce and repaired many technical indicators including CMF, which is green since first week in June. Dow is still below 50 & 200 DMA, S&P 500 above 200 DMA but still below 50 DMA, Nasdaq above 50 & 200 DMA. IF we get a green close, chances of which is "extremely high"...we are all set to move higher.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed