Indices closed UP .77% to 2.21%...NICE !!!!

Indices closed UP.

S&P 500 @ 3036.13, high 3036.25, low 2969.75

RSI @ 63.24

CMF @ 0.042

Internals were :

UP volume led by 4.67 to 1 in NYSE & 1.88 to 1 in Nasdaq

Advancing stocks led by 3.80 to 1 in NYSE & 2.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 16 in NYSE & 36 in Nasdaq

VIX Down 1.39% @ 27.62

Oil @ $32.22

Gold @ $1726.80

Canadian $ @ .6207

In my portfolio :
In pre market Bought ENPH @ $60.00,
Sold AAL $12.34, Sold MGM @ $18.90...
Bought MGM @ $17.50, CCL @ $17.10
In AH Bought AAL @ $12.03

Portfolio AAL,APA CCL CNX ENPH MGM SU TLRY SPCE

Stocks which were UP 2% or more included
AAL CCL MGM SPCE 
CIEN MU UPS ELF TER
NCLH DAL DHI KBH PHM
NKE BA VICR LYFT XLNX
WB LRCX UAL AMAT FFIV 
OLED QRVO SLB NTNX WYNN
MS ULTA NKE X M .....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was super strong in pre market which encouraged me to book gains, after open we dipped into red then fought our way back to close @ high of the day. This rally has lot of room to run as many skeptics still do not believe this strong TAPE based on their own intellect /or work or charts looking upside down or finding double top every 50 points, many do not look happy when they reluctantly admit, that they do like few stocks now.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed