Indices closed UP .38% to 1.21%....NICE !!!!

Indices closed UP after two days of intense selling. Fed June hike is already priced in, thus a rally today, indices closed near upper end of the trading range.

S&P 500 @ 2052.32, high 2058.35, low 2041.88

RSI @ 47.53

CMF @ 0.074

Internals were :

UP volume led by 3.03 to 1 in NYSE & 3.79 to 1 in Nasdaq

Advancing stocks led by 4.22 to 1 in NYSE & 3.22 to 1 in Nasdaq

Net new 52 wk highs were leading by 30 in NYSE & flat in Nasdaq

VIX Down 6.92% @ 15.20

Oil @ $47.75

Gold @ $1252.90

Canadian $ .6864

Stocks which were UP 2% or more included   JKS LULU
VRX LNG NXPI SPLK SPWR QRVO NTES NFLX
COH TSLA CSIQ TK SSYS RIG FEYE YELP
AMCC LRCX DATA SWIR TRIP ....

Here is my weighting :

CMG   23.64%

BIDU  20.85%

LULU 13.68%

CNQ   13.40%

TWTR  8.21%

JKS     7.69%

JCP     6.78%

SBUX  5.75%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed