Indices closed UP 1.64% to 1.86%....NICE !!!!

Indices closed UP.

S&P 500 @ 2070.77, high 2073.13, low 2042.69

RSI @ 49.52

CMF @ 0.046

Internals were :

UP volume led by 9.63 to 1 in NYSE & 4.75 to 1 in Nasdaq

Advancing stocks led by 6.09 to 1 in NYSE & 3.78 to 1 in Nasdaq

Net new 52 wk highs were leading by 312 in NYSE & 11 in Nasdaq

VIX Down 11.25% @ 16.64

Oil @ $49.88

Gold @ $1326.90

Stocks which were UP 3% or more included 
CNQ CMG NTES SBUX UA
LNG PANW SPLK SPWR QRVO
COH NFLX TSLA CHK TK SSYS RIG
FEYE YELP FSLR AAL TCK SLW CSOD
MGA ORCL ZG WYNN TRIP......

AH ER...PIR Down 6.07%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE had another strong day and closed near high of the day, internals were strong all over.Gold had the highest close since July 2014, almost 2 year high. S&P 500 & Dow are staring @ 50 DMA, they can take it out anytime with green TAPE. So we went from head & shoulder formation in S&P 500 to heading north in a hurry, so much for many formations. Most sectors participated in this rally. Stay with your high comfort stock, we may be celebrating 4th of July in a big way.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed