Indices closed UP .68% to 1.42%.....NICE !!!!!

Indices closed UP.

S&P 500 @ 2153.46, high 2453.82,low 2441.79

RSI @ 69.09

CMF @ 0.474

Internals were :

UP volume led by 1.97 to 1 in NYSE & 4.62 to 1 in Nasdaq

Advancing stocks led by 1.76 to 1 in NYSE & 2.01 to 1 in Nasdaq

Net new 52 wk highs were leading by 200 in NYSE & 94 in Nasdaq

VIX Down .10% @ 10.37

Oil @ $144.20

Gold @ $1246.70

Stocks which were UP 2% or more     MOMO SWIR TWTR WB
VRX AMD OTEX NTES SWKS NVDA AAPL BABA BAC
OLED TECK JKS SPWR SINA EBAY PCLN MU WYNN
MGA MS SHOP CRUS KBH X......  

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was strong today with indices closing @ high of the day, DOW & S&P 500 closed @ new all time highs.Internals were strong. Nasdaq FAANG and other stocks came to life after 2 weeks of weak performance. Tuesday should be another positive day, this will confirm this new uptrend, specially in Nasdaq.

BLOG does NOT give buy or sell.\

Saleem

Posted in: Mixed