Indices closed UP 1.52% to 2.08%...NICE !!!!

Indices closed UP.

S&P 500 @ 2971.61, high 2980.29, low 2953.63

RSI @ 59.38

CMF @ -0.015

Internals were :

UP volume led by 3.78 to 1 in NYSE & 2.42 to 1 in Nasdaq

Advancing stocks led by 4.24 to 1 in NYSE 7 3.72 to 1 in Nasdaq

Net new 52 wk highs were leading by 32 in NYSE & 73 in Nasdaq

VIX Down 8.32% @ 27.99

Oil @ $33.49

Gold @ $1752.10

Canadian $ @ .6084

In my portfolio Bought SPCE @ $15.35

Portfolio AAL APA CNX MGM SU TLRY SPCE

Stocks which were UP 2% or more included 
AAL APA MGM SU
CNQ CVX SLB UBER
CLDR CIEN SQ MU KRA
ELF TER BCLH DAL SHOP
MRVL ASML QCOM XLNX
BYND LULU TWLO AMZN
FB UAL QRVO YY SNAP CHK
NTNX LNG TWTR WYNN LVS
MA MS OSTK SWKS LRCX PANW...

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE opened higher and kept going UP and closed near high of the day. Most sectors participated in this rally. Economic activity in USA is going smoothly without any unexpected issues which is encouraging to traders and investors. We are near some very key technical levels to conquer which may happen before or after Memorial day.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed