Indices closed UP .70% to .81%....NICE !!!!

Indices closed UP.

S&P 500 @ 2767.56, high 2767.56, low 2752.78

RSI @ 80.90

CMF @ 0.120

Internals were :

UP volume led by 4.72 to 1 in NYSE & 3.02 to 1 in Nasdaq

Advancing stocks led by 3.40 to 1 in NYSE & 3.18 to 1 in Nasdaq

Net new 52 wk highs were leading by 266 in NYSE & 297 in Nasdaq

VIX UP .61% @ 9.88

Oil @ $63.80

Gold @ $1322.50

Stocks which were UP 1% or more included CTRP SQ
TRIL BZUN AMD NFLX OLED SPWR FSLR JKS
CSIQ VRX TECK FCX AMZN LEN KBH QRVO
SWKS EXPE TRIP PCLN VECO TWLO FNSR 
CRUS CHK TK RIG MLNX ULTA AAL M
CNX.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed @ high of the day and strongest internals i have seen in a long time, Dow , S&P 500 and Nasdaq all closed @ new all time high, this TAPE is super strong and cannot be judged by old technicals of RSI. Stay with this market as rewards are much more defined than risk. On Friday's there is only a closing BLOG around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed