Indices closed UP .09% to .62%....NICE !!!!!

Indices closed UP.

S&P 500 @ 2889.67, high 2897.27, low 2887.30

RSI @ 58.16

CMF @ -0.058

Internals were :

UP volume led by 1.13 to 1 in NYSE & 1.47 to 1 in Nasdaq

Advancing stocks led by 1.11 to 1 in NYSE & 1.14 to 1 in Nasdaq

Net new 52 wk highs were leading by 100 in NYSE & lows by 9 in Nasdaq

Oil @ $51.93

Gold @ $1342.90

Stocks which closed UP 1% or more included TSLA
HUYA FB LULU BIDU NIU ROKU AEM CRON 
CGC TLRY PRNB BABA CIEN FFIV NFLX YY
NTNX ALDR CHK RIG YELP ESTC FNSR X
OSTK CNX.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed UP despite GS negative note about market in general and technology in particular, that is a very good sign that we stayed UP and closed UP.Internals were mostly positive. Many sectors participated in today's green day. Expect Tuesday to be positive in anticipation of Fed market friendly policy statement on Wednesday and Q & A. Mid day report was not done in celebration of Toronto Raptors winning NBA title, it was a big deal for Canada & Toronto, TV coverage was outstanding and the day was declared a holiday for the parade attended by a million audience in person and 16 million Canadian TV audience, Prime Minister Trudeau was the speaker.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed