Indices closed UP .54% to .95%....NICE !!!!

Indices closed UP.

S&P 500 @ 2651.07, high 2685.44, low 2650.20

RSI @ 42.20

CMF @ 0.041

Internals were :

UP volume led by 2.46 to 1 in NYSE & 2.63 to 1 in Nasdaq

Advancing stocks led by 2.02 to 1 in NYSE & 2.09 to 1 in Nasdaq

Net new 52 wk lows were leading by 119 in NYSE & 176 in Nasdaq

Oil @ $51.15

Gold @ $1250.00

Stocks which were UP 35 or more included BZUN MOMO SQ
FEYE MTCH SHOP LULU ESTC VICR CSIQ EAF NFLX
TWTR YY TK WYNN ABX......

AH news.....VVUS UP 8.48%, LLNW Down 23.68%

AH futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was in overdrive @ open but fizzled by close and closed near low of the day. Although market closed green it lost most of the gain by close which is surprising.Internals were positive @ close.TAPE is giving a clear message that it wants to go higher but some external forces brings it down, today it may be UK uncertainty which has been resolved after close.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed