Indices closed UP 1.09% to 1.18%....NICE !!!!

Indices closed UP.

S&P 500 @ 3083.76, high 3086.25, low 3024.01

RSI @ 52.50

CMF @ 0.149

Internals were :

UP volume led by 3.32 to 1 in NYSE & 2.28 to 1 in Nasdaq

Advancing stocks led by 1.81 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new 52 wk highs were leading by 17 in NYSE & 59 in Nasdaq

VIX Down 4.79% @ 32.22

Oil @ $38.72

Gold @ $1770.60

Canadian $ @ .6335

Portfolio AAL APA CCL MGM SU

Stocks which were UP 1% or more included AAL APA
DOCU ZI DAL UAL TLRY NVAX CLDR SQ LITE
KRA ELF TER HUYA SPWR JKS OXY SLB MS
SNAP MA LRCX X V PANW......

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was under pressure @ open then closed @ high of the day, a very bullish close. This market is dictated by strength of Nasdaq which famous technicians are not showing its chart or taking a cue from. We are just about ready to make series of new highs in DOW & finally S&P 500 which will totally destroy bears.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed