Indices closed UP .05% to .22%.....NICE !!!!

Indices closed UP

S&P 500 @ 2144.29, high 2148.44, low 2138.15

RSI @ 47.76

CMF @ -0.046

Internals were :

UP volume led by 3.14 to 1 in NYSE & 1.41 to 1 in Nasdaq

Advancing stocks led by 2.40 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk highs were leading by 79 in NYSE & 14 in Nasdaq

VIX Down 5.69% @ 14.41

Oil @ $51.60

Gold @ $1269.90

Stocks which were UP 2% or more included CNQ CMG
KORS ABX TSLA ZYNE LULU KGC JKS CSIQ 
FSLR SPWR NFLX YHOO EBAYFNSR CHK
TK RIG AKS AAL X AEM DATA FCX
WYNN.....

AH ER...EBAY Down 7.84%, AXP UP 5.63%

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was strong on oil being @ highest point in 15 months, Nasdaq was relatively weaker. Gold & other commodities took the leadership. Many sectors are in rotation, which is a sign of healthy TAPE. Earnings are coming in more or less as expected. Stay with your own strategy with high comfort stocks.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed