Indices closed UP .83% to 1.72%....NICE !!!!

Indices closed UP.

S&P 500 @ 2730.20, high 2735.38, low 2670.75

RSI @ 45.81

CMF @ 0.051

Internals were :

UP volume led by 1.92 to 1 in NYSE & 2.90 to 1 in Nasdaq

Advancing stocks led by 1.35 to 1 in NYSE & 2.05 to 1 in Nasdaq

Net new 52 wk lows were leading by 298 in NYSE & 179 in Nasdaq

VIX Down 5.98% @ 19.98

Oil @ $56.46

Gold @ $1215.00

Stocks which were UP 4% or more included MOMO SQ
SHOP ESTC VICR TLRY PRNB AMAT CSIQ JKS
MU WB YY SINA.....

AH news...NVDA Down 16.77%, JWN Down 9.29%

                  AMAT Down 7.77%, AMD Down 5.07%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed near high of the day with most internals not only positive but strong. AH NVDA came out with earnings well below expectations in all areas, IT will be a real test of this TAPE to see how we close, IF we close MIXED then it will be a victory for bulls. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed