Indices closed UP 1.66% to 2.00%.....NICE !!!!

Indices closed @ high of the day, S&P 500 @ absolute high of the day. Trigger for today's rally was almost 12% jump in oil prices.

S&P 500 @ 1864.78, high 1864.78, low 1833.40

RSI @ 41.99

CMF @ 0.106

Internals were :

UP volume led by 6.38 to 1 in NYSE & 4.68 to 1 in Nasdaq

Advancing stocks led by 3.91 to 1 in NYSE & 3.18 to 1 in Nasdaq

Net new 52 wk lows were leading by 110 in NYSE & 129 in Nasdaq

VIX Down 9.74% @ 25.40

Oil @ $29.44

Gold @ $1239.40

Canadian $ @ .6155 US$

Stocks which closed 2% or more included
BIDU CNQ CTSH JKS V
SPWR TWTR LULU COH LVS
LEN NXPI CSIQ SINA DNKN CMG
SU YUM MA YELP MU CIEN LRCX
AMBA AAL M UA ABX SLW GG CCJ
CSOD MGA ORCL MS.......

Here is my weighting :

FB      26.96%

BIDU 21.37%

CNQ   15.57%

CTSH 10.05%

V          8.76%

SBUX  6.95%

JKS      6.43%

MSFT  3.91%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed