Indices closed UP .07% to .71%....NICE !!!!

Indices closed UP.

S&P 500 @ 2985.03, high 2990.71, low 2976.65

RSI @ 57.87

CMF @ 0.069

Internals were :

Down volume led by 1.03 to 1 in NYSE & .71 to 1 in Nasdaq

Declining stocks led by 1.06 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 84 in NYSE & lows by 46 in Nasdaq

VIX Down 6.37% @ 13.53

Oil @ $56.22

Gold @ $1426 .90

Stocks which closed UP 1% or more included FB NEM TWTR
AMD NVDA UBER MU LRCX AMAT SHOP AMZN ROKU
AAPL JKS QRVO ALDR TK MA OSTK MSFT SWKS TSM
XLNX X CNX....

AH news...PRCP UP 11.63%, FLR UP 5.3%

                ACAD Down 15.63%, CCO Down 7.16%

AH Futures UP

AH Asian Markets Mixed

AH Oil  & Gold Down

About market, TAPE closed higher due to earnings hope but internals were mostly negative. SOX was strong due to upgrade by GS of MU LRCX & AMAT. Keep an eye on earnings reaction and its guidance. This is a critical week based on how we close and stocks close day after earnings.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed