Indices closed UP .53% to .63%....NICE!!!!

Indices closed UP.

S&P 500 @ 3112.76, high 3119.38, low 3102.53

RSI 56.51

CMF @ 0.414

Internals were :

UP volume led by 2.88 to 1 in NYSE & 1.74 to 1 in Nasdaq

Advancing stocks led by 2.35 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new 52 wk highs were leading by 94 in NYSE & 23 in Nasdaq

VIX Down 7.27% @ 14.80

Oil @ $58.43

Gold @ $1480.20

Stocks which were UP 1% or more included AMD SQ XLNX
JKS CSIQ MU LULU LRCX SHOP ROKU PRNB AMAT
CTRP EXPE GOOG OLED QRVO RIG YELP WYNN
LVS GS MS TRIP SU SWKS NKE X.....

AH news....ESTC Down 14.58%, DRNA Down 8.03%

AH Futures Down

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was UP and internals improved on another trade progress news. We did not close @ best level of the day after 3 days of selling, but we got a better tone of the market. There is an intense debate of going lower @ lows and going higher @ highs, truth is somewhere in between. Let us hope there is another green close to confirm direction of today's move.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed