Indices closed UP .43% to .62%....NICE !!!!

Indices closed UP.

S&P 500 @ 2159.73, high 2163.95, low 2155.15

RSI @ 50.08

CMF @ -0.043

Internals were :

UP volume led by 2.22 to 1 in NYSE & 1.84 to 1 in Nasdaq

Advancing stocks led by 1.55 to 1 in NYSE & 2.19 to 1 in Nasdaq

Net new 52 wk highs were leading by 99 in NYSE & 96 in Nasdaq

VIX Down 4.70% @ 12.99

Oil @ $49.83

Gold @ $1268.60

AH ER..YUM Down 2.3%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong on better than expected US data which more than negated private payroll report.Internals were strong. Oil was strong. Thursday should be interesting as it is one day before jobs report.we may get a green close to confirm this move. Many sectors are looking strong especially technology.Stay with your high comfort stocks.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed