Indices closed UP 2.21% to 3.57%....NICE !!!!

Indices closed UP.

S&P 500 @ 2939.51, high 2954.86, low 2912.16

RSI @ 59.74

CMF @ 0.087

Internals were :

UP Volume led by 5.31 to 1 in NYSE & 3.47 to 1 in Nasdaq

Advancing stocks led by 6.71 to 1 in NYSE & 4.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 9 in NYSE & 36 in Nasdaq

VIX Down 6.97% @ 31.23

Oil @ $15.06

Gold @ $1713.40

Canadian $ @ .6061

In my portfolio :

Bought CLDR @ $8.30

Added 70% CNX @ $10.65

Portfolio AMD AAL CIEN CNX CLDR DDOG MU SU TWTR

Stocks UP 4%++included AAL CLDR MU SU TWTR
APA MGM TER MSFT GILD CCL DAL KBH PHM 
BA VICR LSCC SQ ASML XLNX FB LRCX UAL
MTCH SPLK FSLR AMAT OLED QRVO SLB 
SNAP NTNX WYNN MA MGA SWKS V X...

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

Before open couple of my stocks are reporting, expectations are :

TWTR Q 1 Sales $775.96 million, EPS 10 cents

Guidance Q 2 Sales $698.01 million, EPS 5 cents

Expecting a match to expectations, potential move 11%+-

AAL Q 1 Sales 8.94 billion, EPS loss $2.38

Guidance Q 2 Sales $2.08 billion, EPS loss $7.99

Expecting worse than expected ..but it may be factored in?

About market, TAPE was in full overdrive thanks to Fed statement / Q & A which was extremely supportive of bull case. Earnings reaction are in and they all are flying as IF worse case scenario is behind us. MSFT FB TSLA KRA were UP sharply in AH. Expect a strong technology driven open.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed