Indices closed UP .29% to .75%....NICE!!!!

Indices closed UP.

S&P 500 @ 2993.07, high 3002.98, low 2984.62

RSI @ 67.40

CMF @ 0.060

Internals were :

UP volume led by 1.72 to 1 in NYSE & 1.72 to 1 in Nasdaq

Advancing stocks led by 1.92 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new 52 wk highs were leading by 341 in NYSE & 110 in Nasdaq

VIX Down 7.52% @ 13.03

Oil @ $60.43

Gold @ $1412.50

Stocks which were UP 1% or more included AMD TSLA
GLD MU FB AMZN NVDA MTCH FEYE AAL PHM
TLRY GOOG MRVL AMAT CHK TK RIG FEYE
OSTK MSFT TSM.....

AH news....EXFO Down 10.26%, PSMT Down 8.98%

                 AMKR UP 7.12%, PDLI UP 5.59%

AH Futures UP

AH Asian Market Mixed

AH Oil & Gold UP

About market, TAPE closed UP and in new record all time highs in S&P 500 and Nasdaq, DOW also made a new Intraday all time high. Fed chief testimony was market friendly thus vaulted into new record high. Internals were positive. All major Indices are heading into series of new all time highs.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed