Indices closed UP .96% to 1.35%...NICE !!!!

Indices closed UP.

S&P 500 @ 2923.65, high 2931.00, low 2913.48

RSI @ 49.57

CMF @ 0.201

Internals were :

UP volume led by 3.46 to 1 in NYSE & 2.97 to 1 in Nasdaq

Advancing stocks led by 2.77 to 1 in NYSE & 2.45 to 1 in Nasdaq

Net new 52 wk highs were leading by 197 in NYSE & 19 in Nasdaq

VIX Down 8.61% @ 16.88

Oil @ $56.14

Gold @ $1511.60

Stocks which were UP 2% or more included BZUN CIEN SPWR
TWTR BIDU MOMO IQ TSLA CSIQ NFLX YY NTNX CHK
TK RIG WYNN LVS SINA OSTK KBH X CNX NIU ROKU
FSLR BABA CSIQ NFLX......

AH news....BIDU UP 8.33%, CNQ UP 5.49%

                   IQ Down 9.24%.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed UP on optimism about no recession and possibility of trade deal between US & CHINA. Technology had a good day today due to HUAWEI now OK for further 90 days. Sounds like a relief rally today for technology. Let us see how we close on Tuesday to know the technical health of this market.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed