Indices closed UP .04% to .33%....NICE !!!!

Indices closed UP.

S&P 500 @ 2591.13, high 2593.38, low 2585.66

RSI @ 71.55

CMF @ 0.198

Internals were :

UP volume led by 1.73 to 1 in NYSE & 1.88 to 1 in Nasdaq

Advancing stocks led by 1.40 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 116 in NYSE & 114 in Nasdaq

VIX UP 2.84% @ 9.40

Oil @ $57.35

Gold @ $1281.60

Stocks which were UP 2% or more included AMD WB
BABA NTES BZUN OLED TECK FCX UA LEN
QRVO VRX CHK TK RIG LNG FSLR MLNX
AEM CRUS SWKS KORS KBH......

AH news...PCLN Down 9.35%, EXPE Down 2.10%
                  WTW UP 8.93%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was in green @ close with Nasdaq making new all time high, merger news and higher oil were the big catalyst. Internals were positive. Many stock participated in this rally. Earnings so far has been good overall, this may explain buying momentum. Keep an eye how we close on Tuesday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed