Indices closed UP 1.75% to 2.04%...NICE !!!!

Indices closed UP.

S&P 500 @ 3124.74, high 3153.45, low 3076.06

RSI @ 57.93

CMF @ 0.144

Internals were :

UP volume led by 5.32 to 1 in NYSE & 2.70 to 1 in Nasdaq

Advancing stocks led by 4.40 to 1 in NYSE & 3.02 to 1 in Nasdaq

Net new 52 wk highs were leading by 76 in NYSE & 123 in Nasdaq

VIX Down 2.12% @ 33.67

Oil @ $38.38

Gold @ $1736.50

Canadian $ @ .6431

In my portfolio :

Bought CCL @ $21 and $19.50 after hours, equal shares

Sold CGC @ $17.70

Portfolio AAL CCL CIEN CNX MGM SU

Stocks which were UP 2% or more included CCL CNX CGC
GOOS ROKU TOL APA DAL ERI GAN NTAP UBER JD
ENPH PINS CVX SQ MU SEDG TER AAPL BIDU DHI
BA IQ HUYA QCOM LRCX UAL BABA QRVO AMAT
LNG MA MS MSFT X M......

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong before open and closed near upper half. Retail sales gave tremendous boost to many stocks but most faded going into close. This is a difficult TAPE with furious sector rotation even during the day, most traders are not used to seeing strong stocks becomes weak and weak ones becomes strong by close. Stay on your toes and do try to book gains when you see it.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed