Indices closed UP .38% to 1.00%....NICE !!!!

Indices closed UP.

S&P 500 @ 2887.94, high 2890.07, low 2853.05

RSI @ 46.80

CMF @ 0.064

Internals were :

UP volume led by 4.57 to 1 in NYSE & 2.58 to 1 in Nasdaq

Advancing stocks led by 2.43 to 1 in NYSE & 2.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 16 in NYSE & lows by 87

Oil @ $55.78

Gold @ $1549.10

Stocks which were UP 1% or more included AMD BZUN CIEN
SPWR MOMO HUYA MU LULU LRCX WB VICR TLRY
CRON CGC CSIQ JKS NTNX LNG WYNN GS TRIP SU
MGA MS ULTA NKE KBH IBM X M CNX......

AH news....NTNX UP 18.88%, SPWH UP 10.69%

                   ESTC UP 10.08%, BOX Down 7.45%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE defied common wisdom and rallied against much dreaded inverted yield, which proves either this issue has been played out or better energy prices is a better indicator of no recession. Most sectors participated in today's rally as internals were strong.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed