Indices closed UP .11% to .41%...NICE !!!!

Indices closed UP.

S&P 500 @ 2112.93, high 2120.49, low 2103.19

RSI @ 58.14

CMF @ 0.139

Internals were :

UP volume led by 1.72 to 1 in NYSE & 1.52 to 1 in Nasdaq

Advancing stocks led by 2.08 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk highs were leading by 108 in NYSE & 88 in Nasdaq

VIX Down 1.81% @ 12.48

Oil @ $57.74

Gold @ $1194.30

Stocks which were UP 1% or more included 
AKS BBRY LULU KORSVDSI
GG YY GOOGL SWIR WUBA COH
DNKN EBAY FFIV FSLR CRUS SPLK
SBUX X STLD ABX SLW AEM CCJ DATA
CSOD CNQ AGU........

AH ER..  MSFT UP 3.35%, GOOGL UP 3.48%
               SBUX UP 4.19%, AMZN UP 6.8%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, S&P 500 went to new all time highs & Nasdaq also closed @ all time highs. Tonight earnings reports are all positive which is a very good sign. Generally new all time highs are very positive for future price action BUT we have MAY to fear also, we will know soon enough in exactly 6 trading days. Do not forget to book profit @ these loftier level.

BLOG does NOT give buy or sell.

PS.....There is only a closing post around 7 PM on last day of trading which is usually Friday.

Saleem

Posted in: Mixed