Indices closed UP .61% to 1.35%...NICE !!!!

Indices closed UP.

S&P 500 @ 3258.44, high 3264.74, low 3227.22

RSI@ 60.24

CMF @ 0.191

Internals were :

UP volume led by 3.06 to 1 in NYSE & 1.50 to 1 in Nasdaq

Advancing stocks led by 3.96 to 1 in NYSE & 2.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 179 in NYSE & 101 in Nasdaq

VIX Down 5.27% @ 24.10

Oil @ $41.27

Gold @ $1953.40

Canadian $ @ .6626

In my portfolio :

In after hour....Sold APA @ $15.50, Bought QRVO @ $123.00

Portfolio AAL CCL MGM QRVO SU

Stocks which were UP 2% or more included APA CCL MGM
CLDR NXPI AMD SQ PENN NIO DOCU DKNG SHOP
CNQ CIEN TOL MTCH HST CRWD DDOG EAT KRA 
VICR MOMO XLNX TSM TWLO LRCX OXY FEYE
WYNN OSTK ULTA CMG X......

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed near high of the day, AMD led rally gave a boost to most sectors. AH earnings are mostly strong by QCOM QRVO APA and many other stocks. Internals were healthy & positive all over. Fed policy statement & Q&A was extremely bullish near term for stocks.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed