Indices closed UP 2.39% to 3.95%....NICE !!!!

Indices closed UP.

S&P 500 @ 2846.06, high 2851.85, low 2805.10

RSI @ 56.60

CMF @ 0.154

Internals were :

UP volume led by 1.83 to 1 in NYSE & 3.69 to 1 in Nasdaq

Advancing stocks led by 3.22 to 1 in NYSE & 2.52 to 1 in Nasdaq

Net new 52 wk highs were leading by 11 in NYSE & 12 in Nasdaq

VIX Down 8.28% @ 37.76

Oil @ $20.11

Gold @ $1768.90

Canadian $ @ .6090

In my portfolio:

Bought CNX @ $9.57
Added 100% AAL @ $11.97

Portfolio AAL APA CCL CIEN CNX JD MGM SU

Stocks which closed UP 3% or more AAL CCL CNX MGM 
AMD ROKU DAL MU SHOP SQ QCOM NVDA MSFT
TSLA LRCX AMZN AMAT NFLX OLED QRVO 
NTNX LNG FSLR WYNN LVS SWKS NKE V
CMG.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was strong from open till close, closed near high of the day. Internals were positive. Most sector participated in today's rally except oil stocks as oil took another dip based on demand concern. US is opening economic activity in some states as of May 1, which is a good thing. Fed had agreement with US airlines for bailout money which should push airlines stock higher on Wednesday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed