Indices closed UP 1.25% to 1.26%...NICE !!!!

Indices closed UP.

S&P 500 @ 2084.39, high 2084.87, low 2062.63

RSI @ 57.33

CMF @ 0.225

Internals were :

UP volume led by 4.92 to 1 in NYSE & 2.70 to 1 in Nasdaq

Advancing stocks led by 3.28 to 1 in NYSE & 1.97 to 1 in Nasdaq

Net new 52 wk highs were leading by 246 in NYSE & lows by 4 in Nasdaq

VIX Down 6.45% @ 13.63

Oil @ $44.66

Gold @ $1264.80

Stocks which were UP 2% or more included CNQ JKS NTES TWTR
ABX GG LNG SPLK AMZN QRVO LVS WYNN NFLX EXPE
SU FFIV CHK SWN TK SSYS RIG FEYE WB MU AAL
AEM DATA SWIR CSOD MS GS ZG AGU TRIP.......

AH ER....DIS Down 5.39%, FOSL Down 30.8%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong on higher oil and closed @ high of the day, internals were strong. S&P 500 & Dow are maintaining golden cross and Nasdaq  is getting ready to enter hopefully tomorrow which is long time coming.Most sector participated in this rally except few troubled retailer. With the momentum TAPE displayed today, we should have a confirmation of this rally.

BLOG does NOT give buy or sell.

Saleem 

Posted in: Mixed