Indices UP .49% to .64%....NICE !!!!

Indices closed UP.

S&P 500 @ 2109.41, high 2113.36, low 2100.83

RSI @ 63.10

CMF @ 0.189

Internals were :

UP volume led by 3.17 to 1 in NYSE & 2.10 to 1 in Nasdaq

Advancing stocks led by 2.28 to 1 in NYSE & 2.43 to 1 in Nasdaq

Net new 52 wk highs were leading by 217 in NYSE & 83 in Nasdaq

VIX UP 1.34% @ 13.65

Oil @ $49.69

Gold @ $1247.40

Stocks which were UP !% or more included
CNQ CMG JKS KGC SBUX UA
CTRP SPLK SPWR PCLN QRVO LULU
AUYNFLX CSIQ YHOO SINA DNKN SU CHK
SWN TK SSYS RIG FEYE WB BABA YELP FSLR
AMCC CIEN OLED AAL TCK SLW CRUS DATA MS
ZG AGU TRIP MLNX......

AH ER...AXLL UP 7%, ALXN Down 10.52%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong from open, Fed chief gave a further boost when she highlighted strength in economy and need to raise interest rates sometimes without mentioning month, that was enough assurance to traders that everything is moving in right direction in US. Indices closed near high of the day with strong internals. New all time high is in sight as we closed @ the highest level of 2016.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed