Indices closed UP .13% to .22%....NICE !!!!

Indices closed UP

S&P 500 @ 2187.02, high 2187.03, low 2180.46

RSI @ 61.34

CMF @ 0.268

Internals were :

UP volume led by 2.14 to 1 in NYSE & 1.46 to 1 in Nasdaq

Advancing stocks led by 2.39 to 1 in NYSE & 2.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 158 in NYSE & 84 in Nasdaq

VIX Down 6.23% @ 11.43....not good for equity bulls?

Oil @ $48.89

Gold @ $1357.20

Stocks which were UP 1% or more included GG CNQ 
KORS BIDU SPLK LULU SU OLED JKS QRVO
CSIQ SINA DNKN PCLN CHK SWN TK RIG
SSYS FEYE WB LNG YELP FSLR MU 
CIEN TCK FCX DATA.....

AH ER...AMAT UP 5.56%, GPS Down 1.85%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed @ high of the day after some hesitation earlier, internals were strong. Its monthly option expiry, which brings volatility to some stocks near certain strike price, it gives buying opportunity as a strategy @ desired price. I may look @ couple of stocks IF they come to my buy point. On Friday, there is a closing BLOG around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed