Indices closed UP 1.09% to 1.51%....NICE !!!!

Indices closed UP.

S&P 500 @ 2790.37, high 2800.18, low 2773.38

RSI @ 58.35

CMF @ 0.192

Internals were :

UP volume led by 3.58 to 1 in NYSE & 3.48 to 1 in Nasdaq

Advancing stocks led by 3.05 to 1 in NYSE & 1.88 to 1 in Nasdaq

Net new 52 wk lows were leading by 71 in NYSE & 17 in Nasdaq

VIX Down 9.02% @ 16.44

Oil @ $52.95

Gold @ $1239.60

Stocks which were UP 3% or more included NVDA ROKU SQ AMD MU BZUN MOMO LULU AAPL ESTC VICR FSLR PANB AMZN CRUS CTRP OLED PANW WB ALDR CHK RIG LNG YELP TWTR WYNN LVS MLNX MA SINA TSM NKE X......

AH news....CRUS Down 6.65%, RH UP 19.49%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed near the upper end of trading range, there is lot of optimism from White House staff about quick agreement with China. S&P 500 and DOW are both above 50 & 200 DMA but Nasdaq is below 50 & 200 DMA @ close. Most strong stocks participated in today's rally which bodes well for this short week.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed