Indices closed UP .12% to .51%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2480.91, high 2480.95, low 2475.88

RSI @ 64.85

CMF @ 0.322

Internals were :

UP volume led by .92 to 1 in NYSE & 1.80 to 1 in Nasdaq

Advancing stocks led by .93 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 71 in NYSE & 54 in Nasdaq

VIX Down 1.00% @ 9.93

Oil @ $49.39

Gold @ $1264.70

Stocks which were UP 2% or more included MOMO SPWR WB
BABA FNSR NVDA MU FCX JKS QRVO CSIQ SINA AMD
YELP WYNN X LRCX......

AH ER....TWLO UP 10.38%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was healthy today with Nasdaq coming back strong after some rest. Dow was UP 10 days in a row with 9 consecutive new all time highs.Chinese stocks are breaking out after long base. FAANG came back to life also. All in all a good day for technology stocks in US & China. Diversified portfolio remains best bet in this rotation.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed