Indices Closed UP .25% to .31%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2465.54, high 2469.64, low 2459.20

RSI @ 54.29

CMF @ -0.024

Internals were :

UP volume led by 2.31 to 1 in NYSE & 1.50 to 1 in Nasdaq

Advancing stocks led by 1.65 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new 52 wk highs were leading by 84 in NYSE & 59 in Nasdaq

VIX Down 4.91% @ 11.63

Oil @ $49.16

Gold @ $1339.00

Stocks which were UP 1% or more included NFLX
SPWR OCLR TWTR CNQ SU TECK FCX UA
SINA EBAY CHK TK AGU ULTA CMG X
M......

AH news :  RH UP 35.57%, AMSC UP 12.05%
                  VRNT UP 5.83%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE enjoyed a positive close near high of the day, some movement on debt ceiling caused optimism. Oil was also positive on weather situation. There was selective movement in many stocks and sectors. There is still good stocks languishing around support. Keep a diversified portfolio to take advantage of rotation.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed