Indices closed UP 1.05% to 1.32%....NICE !!!!

Indices closed UP.

S&P 500 @ 2878.38, high 2879.29, low 2856.00

RSI @ 45.16

CMF @ 0.060

Internals were :

UP volume led by 2.85 to 1 in NYSE & 2.46 to 1 in Nasdaq

Advancing stocks led by 1.92 to 1 in NYSE & 1.93 to 1 in Nasdaq

Net new 52 wk lows were leading by 35 in NYSE & 100 in Nasdaq

VIX Down 2.77% @ 19.32

Oil @ $53.64

Gold @ $1537.20

Stocks which were UP 2% or more included AMD SPWR
MOMO IQ HUYA LYFT ROKU FSLR PRNB JKS MGA
MS ULTA NKE CMG.....

AH news....BZH UP 12.7%, RUBI UP 8.16%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE recovered nicely on optimism about China & US trade talks. This market has gone through ringer on hourly tweets about yes / no / yes / no approach, nobody factored this in their Investment 101. Most sectors participated in today's deeply oversold bounce, we must close strongly on Tuesday to confirm that trend has reversed.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed