Indices closed UP .75% to 1.12%....NICE !!!!

Indices closed UP.

S&P 500 @ 2736.61, high 2737.83, low 2716.02

RSI @ 50.53

CMF @ -0.009

Internals were :

UP volume led by 3.35 to 1 in NYSE & 2.94 to 1 in Nasdaq

Advancing stocks led by 2.80 to 1 in NYSE & 2.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 45 in NYSE & 52 in Nasdaq

VIX Down 7.25% @ 14.97

Oil @ $72.94

Gold @ $1258.80

Stocks which were UP 2% or more included NVDA
CRUS LRCX DQ SQ OLED NTES MU VICR
INTC FB AMD NFLX QRVO SPWR TWTR
ALDR SWKS X.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE ignored Fed minutes which highlighted concern about higher inflation targets as bad for economy and current trade disputes as bad also. German stance on Auto duties got relief from US tariffs. Indices closed near high of the day and internals were mostly positive. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed