Indices closed UP .67% to .76%....NICE !!!!

Indices closed UP.

S&P 500 @ 2635.96, high 2645.06, low 2606.36

RSI @ 58.12

CMF @ 0.149

Internals were :

UP volume led by 2.73 to 1 in NYSE & 3.10 to 1 in Nasdaq

Advancing stocks led by 2.46 to 1 in NYSE & 1.69 to 1 in Nasdaq

Net new 52 wk highs were leading by 10 in NYSE & 2 in Nasdaq

VIX Down 5.15% @ 18.06

Oil @ $52.07

Gold @ $1292.30

Stocks which were UP 2% or more included AMD IQ MOMO SQ
HUYA ROKU LULU VICR FSLR AMAT LRCX NTNX ALDR 
WYNN X.....

AH news...NFLX Down 3.82%, PRGS Down 11.23%

                   CASA Down 24.25%

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE continued its bullish run resulting in DOW & S&P 500 closing above 50 DMA, now all major indices are above 50 DMA on a closing basis, while we will celebrate this landmark after major slump, S&P 500 will be hitting mini overbought condition along with Nasdaq when RSI goes above 60, so be careful from hereon. RUT is already above 60.63 as of tonight closing. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed