Indices closed UP .47% to .74% ...NICE !!!!

Indices closed UP.

S&P 500 @ 2737.70, high 2738.98, low 2724.03

RSI @ 67.52

CMF @ 0.443

Internals were :

UP volume led by 1.68 to 1 in NYSE & 1.39 to 1 in Nasdaq

Advancing stocks led by 2.01 to 1 in NYSE & 1.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 111 in NYSE & 57 in Nasdaq

VIX Down 1.02% @ 15.57

Oil @ $53.66

Gold @ $1319.20

Stocks which were UP 2% or more included TSLA 
MOMO IQ MTCH PHM VICR BABA EXPE 
OLED SPWR WYNN GS TRIP OSTK...

AH news...SNAP UP 19.46%, SWKS UP 5.37%

                  MCHP UP 4.4%, EA Down 17.52%

AH Futures Down

AH Asian Markets Mixed

AH oil UP

AH Gold Down

About market, TAPE overcame lower guidance from GOOG and it actually closed higher after opening down. Earnings are better tonight also from SNAP & chip sector. Internals closed higher. State of the union normally have positive effect but with wall hanging in the air, it may be different this time.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed