Indices closed UP .09% to .34%....NICE !!!!

Indices closed UP.

S&P 500 @ 3224.01, high 3227.78, low 3222.30

RSI 76.15

CMF @ 0.147

Internals were :

UP volume led by 1.23 to 1 in NYSE & 1.76 to 1 in Nasdaq

Advancing stocks led by 1.23 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 331 in NYSE & 194 in Nasdaq

VIX UP .80% @ 12.61

Oil @ $60.52

Gold @ $1488.70

Stocks which closed green included MRVL MU TWTR
HUYA AMD BYND WB TSM XLNX SPWR JKS
BIDU IQ TSLA NEM AEM FEYE ROKU AAPL
BABA CSIQ OLED NTNX RIG LNG WYNN
ULTA CNX.....

AH news....RMBS Down 4.79%

AH Futures Down

AH Asian markets Mixed

AH Oil & Gold UP

About market, TAPE closed UP and made another closing all time highs. Internals remained positive. Lot of money managers are getting cautious near term which is understandable given the run we had. In strong bull market, nobody knows how high we can go in any stocks, many stocks are making new all time highs which speaks volume about the strength of this TAPE.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed