Indices closed UP .80% to 1.14%....NICE !!!!

Indices closed UP.

S&P @ 2834.41, high 2852.54, low 2820.12

RSI @ 38.93

CMF @ 0.155

Internals were :

UP volume led by 3.69 to 1 in NYSE & 3.77 to 1 in Nasdaq

Advancing stocks led by 3.16 to 1 in NYSE & 2.67 to 1 in Nasdaq

Net new 52 wk high were leading by 19 in NYSE & lows by 27 in Nasdaq

VIX Down 12.12% @ 18.06

Oil @ $61.78

Gold @ $1296.30

Stocks which were UP 2%+ BZUN ESTC SQ TSLA
AMD HUYA MU LRCX MOMO NVDA SPLK
TLRY PRNB BABA MRVL OLED QRVO
NTNX ROKU AMAT ALDR CHK TK 
RIG LNG YELP OSTK TSM CMG X

AH news...TLRY UP 4.06%, TCS UP 15.85%

                  JKS Down 7.01%, A Down 9.92%

AH futures UP

AH Asian Markets Mixed

AH oil Down

AH Gold UP

About market, TAPE staged an oversold bounce, Nasdaq was strongest of all indices. It is important that we close higher on Wednesday to confirm this turnaround. Most sectors participated in today bounce which is a good sign. Internals were mostly strong.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed