Indices closed UP .50% to .78%....NICE !!!!

Indices closed UP.

S&P 500 @ 2552.07, high 2552.51, low 2540.02

RSI @ 78.42

CMF @ 0.500

Internals were :

UP volume led by 2.01 to 1 in NYSE & 1.75 to 1 in Nasdaq

Advancing stocks led by 1.55 to 1 in NYSE & 1.63 to 1 in Nasdaq

Net new 52 wk highs were leading by 259 in NYSE & 275 in Nasdaq

VIX Down 4.57% @ 9.19, low today 9.13, 52 wk low 8.84

Oil @ $50.79

Gold @ $1273.20

Stocks which were UP 1% or more included AAPL CTRP NFLX SQ
ROKU GOOG AMZN FB JD VRX SWIR TWTR BAC GS MS
TECK FCX MA MSFT PCLN RIG FEYE LNG DATA MCD
KBH CMG M PANW CNX......

AH news...COST Down 2.91%, YUMC UP 3.08%

In my portfolio in AH :

Sold NFLX @ $194.89

Added SHOP to full position @ $100.00

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE continued its biggest bull run in history, all indices closed @ new all time high. Internals improved to positive all around. RSI in RUT 82.55, S&P 500 @ 78.42, Dow @ 79.57 and Nasdaq @ 70.70, continues to put fear in my comfort level with this TAPE, will book any profit in a hurry and move to low RSI in my portfolio. It is all about jobs report @ 830 AM, expectations are 100K, this number can go either way. There is only a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed