Indices closed UP .27% to .50%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2109.79, high 2116.48, low 2097.51

RSI @ 69.66

CMF @ 0.299

Internals were :

UP volume led by 2.06 to 1 in NYSE & 1.76 to 1 in Nasdaq

Advancing stocks led by 1.39 to 1 in NYSE & 1.50 to 1 in Nasdaq

Net new 52 wk highs were leading by 83 in NYSE & by 50 in Nasdaq

VIX UP 2.76% @ 14.54

Oil @ $47.90

Gold @ $1114.10

Stocks which were UP 1% or more included    CNQ LULU
NFLX VDSI JCP MU BITA LNKD AAPL FEYE COH
NXPI SINA SU EBAY FFIV V CSIQ HIMX AMCC 
AMBA GMCR ABX Z WYNN AGU YELP.....

AH ER.....TSLA UP 8.95%, GRPN Down 25.56%

AH Futures Mixed

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was strong again and closed @ higher highs and getting ready to make new all time highs. Market internals remained strong which supports buying by new money in this TAPE. Stay with strong stocks as they keep going higher and making new highs. There is still more strength left in this TAPE, so stay with high exposure based on your own comfort level.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed