Indices closed UP 1.95% to 2.59%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3510.45, high 3529.05, low 3485.74

RSI @ 60.13

CMF @ -0.098

Internals were :

UP volume led by 5.41 to 1 in NYSE & 4.24 to 1 in Nasdaq

Advancing stocks led by 4.57 to 1 in NYSE & 3.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 248 in NYSE & 211 in Nasdaq

VIX Down 6.73% @ 27.58

Oil @ $38.79

Gold @ $1946.80

Canadian $ @ .6950

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed UP 5% or more included AAL CCL AG RUN

NIO SPWR IAG DKNG GAN JKS CSIQ FSLR ENPH SEDG

MU NKLA QRVO DADA PENN AUY ZI KL CGC TLRY

ACB DAL UAL ESTC LITE NCLH QCOM BYND BZUN

LRCX AMAT OXY FSLR MRVL WYNN LVS MGA 

OSTK SWKS X....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong again with most sectors participating, Indices closed near high of the day. Internals were strong. Many stocks had double digit gains which proved that lot of short covering and new money was allocated to equity. We are on the way to series of new all time highs in this run.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed