Indices closed UP .97% to 1.09%....NICE !!!!

Indices closed UP.

S&P 500 @ 2574.41, high 2579.82, low 2547.56

RSI @ 51.22

CMF @ -0.106

Internals were :

UP volume led by 2.64 to 1 in NYSE & 2.47 to 1 in Nasdaq

Advancing stocks led by 3.36 to 1 in NYSE & 2.16 to 1 in Nasdaq

Net new 52 wk lows were leading by 9 in NYSE & highs by 16 in Nasdaq

VIX Down 4.35% @ 20.47

Oil @ $49.78

Gold @ $1285.90

Stocks which were UP 3% or more included FEYE
MTCH FB TLRY OLED CHK WYNN TRIP
OSTK M.....

AH news....CGC UP 3.85%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE continued its bullish pattern by closing near high of the day. Many stocks are participating in this rally which is a very good sign. Despite Samsung warning and poor earnings, there was hardly any real reaction, most semiconductor stocks closed UP or erased most of the losses.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed