Indices closed UP .31% to .64%....NICE !!!!

Indices closed UP.

S&P 500 @ 2473.83, high 2473.83, low 2463.85

RSI @ 67.10

CMF @ 0.061

Internals were :

UP volume led by 4.26 to 1 in NYSE & 2.27 to 1 in Nasdaq

Advancing stocks led by 2.94 to 1 in NYSE & 2.04 to 1 in Nasdaq

Net new 52 wk highs were leading by 226 in NYSE & 175 in Nasdaq

VIX Down 1.01% @ 9.79

Oil @ $47.12

Gold @ $1242.00

Stocks which were UP 2% or more included
BBRY LULU OCLR SWIR
JKS CSIQ FSLR SU CHK TK
RIG CIEN TRIP CSOD MS CRUS
OPK X LRCX CNX......

AH news...QCOM Down 1.69%, MGM UP 3.29%

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold Down

About market, S&P 500 and Dow closed @ absolute highest point of the day, Nasdaq missed it by 2 points. S&P 500 and Nasdaq closed @ new all time high. Market has entered a stage where fast money will be made,TAPE is slow and gradual which has lasting power.Majority of traders are in disbelief and expect TAPE to turn lower for a long time, nobody can predict how far any stock can go, look @ NFLX for answer.

BLOG does NOT give buy or sell

Saleem

Posted in: Mixed