Indices closed UP .23% to .51%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2659.99, high 2660.33, low 2651.47

RSI @ 73.78

CMF @ 0.153

Internals were :

UP volume led by 1.63 to 1 in NYSE & 1.75 to 1 in Nasdaq

Advancing stocks led by 1.17 to 1 in NYSE & .88 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 34 in Nasdaq

VIX Down 2.51% @ 9.34

Oil @ $57.99

Gold @ $1246.90

Stocks which were UP 1%+ included BZUN MOMO SHOP WB
TSLA AAPL NVDA AMD NTES SNAP SPWR VRX TWTR TECK
LVS WYNN QRVO MSFT CSIQ SINA AGU TRIP YELP FNSR
ORCL SPLK NKE CNX.....

AH news....JBL UP 7.22%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE finished near high of the day, Dow & S&P 500 closed @ new all time high. Internals were mixed. We are in overbought territory in Dow & S&P 500 while Nasdaq is not, SOX is a big question mark in terms of weakness. VIX @ 9.34 is near 52 wk low of 8.56. IF rotation works then technology is a good area for now while financials rest.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed