Indices closed UP .16% to .25%.....NICE !!!!

Indices closed UP after 2 days of pullback, indices closed near mid point of its range.

S&P 500 @ 2111.73, high 2119.15, low 2102.54

RSI @ 50.50

CMF @ -0.012

Internals were :

UP volume led by 1.11 to 1 in NYSE & 1.30 to 1 in Nasdaq

Advancing stocks led by 1.15 to 1 in NYSE & .99 to 1 in Nasdaq

Net new 52 wk highs were leading by 8 in NYSE & 50 in Nasdaq

VIX UP .94% @ 13.97

Oil @ $60.20

Gold @ $1188.70

Stocks which were UP 1% or more included GPRO
FEYE QIHU YY LNKD BIDU BABA FB MU
KORS WUBA COH SINA EBAY LSCC
FNSR AAL MGA....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE continues its undecided approach, today was a weak UP day, this is surprising after two days of selling. This TAPE remains difficult, do not surprised IF it breaks down again. S&P 500 and Dow are still barely above 50 DMA. A diversified portfolio is the best approach in a difficult TAPE.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed