Indices closed UP .47% to 1.12%....NICE !!!!

Indices closed UP.

S&P 500 @ 2910.63, high 2911.13, low 2855.94

RSI @ 40.90

CMF @ 0.091

Internals were :

UP volume led by 2.28 to 1 in NYSE & 2.46 to 1 in Nasdaq

Advancing stocks led by 1.80 to 1 in NYSE & 1.56 to 1 in Nasdaq

Net new 52 wk lows were leading by 69 in NYSE & 101 in Nasdaq

VIX Down 7.00% @ 19.12

Oil @ $52.45

Gold @ $1513.80

Stocks which were UP 2% or more included BZUN LSCC
JKS FSLR MOMO FB IQ HUYA SQ NVDA MU SHOP
WB MTCH ROKU SPLK FSLR CGC CSIQ QRVO
YY SWKS.....

AH news...AVYA UP 15.12$, PVTL Down 3.96%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE went sharply lower @ open taking DOW & Nasdaq below 200 DMA and recovered nicely and closed well above 200 DMA. Indices closed @ high of the day. Tomorrow it is all about Jobs number, expectations are new job creation of 145,000. Hopefully by close Friday we may have a confirmation of this uptrend by closing green. There is only a closing BLOG on Friday's by 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed