Indices closed UP 4.49% to 5.09%...NICE !!!!

Indices closed UP.

S&P 500 @ 3090.23, high 3090.95, low 2945.19

RSI @ 37.37

CMF @ 0.102

Internals were :

UP volume led by 3.66 to 1 in NYSE & 3.01 to 1 in Nasdaq

Advancing stocks led by 4.32 to 1 in NYSE & 2.69 to 1 in Nasdaq

Net new 52 wk lows were leading by 172 in NYSE & 102 in Nasdaq

VIX Down 16.68% @ 33.42

Oil @ $46.75

Gold @ $1595.50

Canadian $ @ .6761

In my portfolio...Bought SPWR @ $8.58

Portfolio HUYA  IQ LSCC LK SQ SPWR

Stocks which were UP 3% or more included IQ LSCC
MRVL MU ASML AMD BYND TWTR LULU
CIEN AMRN TSM TLRY MCD MSFT TSLA
SHOP AMZN MTCH AAPL SPLK AMAT
CRUS GOOG NFLX YY GS MA MGA
MS MCD SWKS NKE IBM V X....

AH news....PS UP 9.5%, TLRY Down 11.73%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE opened flattish reflecting jitters before open which was down almost 300, after open we dipped into red then took off gradually and into overdrive by close. Tape closed @ high of the day. Internals were mostly positive. Oil strength is a strong indicator that all will be well going forward.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed