Indices closed UP .08% to .24%....NICE !!!!

Indices closed UP.

S&P 500 @ 2102.40, high 2111.05, low 2096.32

RSI @ 68.24

CMF @ 0.130

Internals were :

UP volume led by 1.65 to 1 in NYSE & 1.53 to 1 in Nasdaq

Advancing stocks led by 1.32 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 133 in NYSE & 55 in Nasdaq

VIX UP .30% @ 13.28

Oil @ $44.18

Gold @ $1254.40

Stocks which were UP 1% or more included JKS QRVO TWTR
CTRP LNG NXPI SPLK SPWR COH LNKD LEN NFLX 
TSLA CSIQ YHOO EBAY FFIV SSYS WB BABA
YELP FSLR SLW DATA MGA MS ZG GS 
MLNX.....

AH ER...LVS Down 5.71%, CTXS UP 3.94%
              NOW UP 8.15%, YUM UP 3.99%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE remained in major bullish mode and is sitting @ 9 month high.Higher highs are the name of this TAPE. There are plenty of skeptics about this move who are looking @ 2008 for clues on the downside. Only strong bull market make higher highs on a daily basis. Oil is showing an amazing strength and keeps making higher highs also. When bears wake UP, then we may have a blowout upside, for now its very orderly.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed