Indices UP .67% to .81%....NICE !!!!

Indices closed UP.

S&P 500 @ 3274.70, high 3275.58, low 3263.67

RSI @ 71.36

CMF @ 0.191

Internals were :

UP volume led by 1.22 to 1 in NYSE & 1.71 to 1 in Nasdaq

Advancing stocks led by 1.35 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 389 in NYSE & 245 in Nasdaq

VIX Down 6.77% @ 12.54

Oil @ $59.56

Gold @ $1554.30

Stocks which were UP 2% or more included     NIO
AMRN BZUN BYND XLNX SPWR JKS TWLO
BIDU IQ SHOP AAPL CGC CRON YY SNAP
NTNX AMD GS OSTK ULTA...

AH news...PTLA Down 39.45%, SPWH Down 18.80%

                  URBN Down 9.32%, GRUB Down 6.82%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed @ high of the day, showing bullish momentum. DOW, S&P 500 & Nasdaq all made new all time highs. Internals were positive. There is tremendous pent up inflow into equities, will not be surprised IF we keep going UP beyond normal pattern, means aka Y2K type of run.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed