Indices closed UP .26% to .37%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2119.12, high 2120.55, low 2112.71

RSI @ 65.98

CMF @ 0.150

Internals were :

UP volume led by 2.16 to 1 in NYSE & 1.36 to 1 in Nasdaq

Advancing stocks led by 2.07 to 1 in NYSE & 1.88 to 1 in Nasdaq

Net new 52 wk highs were leading by 280 in NYSE & 101 in Nasdaq

VIX UP .21% @ 14.08

Oil @ $51.23

Gold @ $1262.30

In my portfolio Bought CNQ @ $30.38.....

Stocks which closed UP included JKS KGC UA
LNG GOOG QRVO AMZN FB LULU AUY
GG ABX V CTSH LEN TSLA MA CHK
TK RIG YELP TCK SLW AEM CRUS
DATA SWIR CSOD ZG TRIP MLNX.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed @ near high of the day, a very bullish sign. Internals also improved all over.Oil above $51 is a bullish sign for the direction of this market. S&P 500 may attempt @ new all time high in next few days. This TAPE has taken all pundits by surprise with a very bullish slant. IF we make new all time high, then expect major short covering, which may propel this market further UP.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed