Indices closed UP.
S&P 500 @ 2090.54, high 2094.73, low 2078.93
RSI @ 59.18
CMF @ 0.039
Internals were :
UP volume led by 3.68 to 1 in NYSE & 2.39 to 1 in Nasdaq
Advancing stocks led by 2.17 to 1 in NYSE & 1.82 to 1 in Nasdaq
Net new 52 wk highs were leading by 100 in NYSE & 77 in Nasdaq
VIX Down 3.61% @ 13.90
Oil @ $49.56
Gold @ $1223.50
Stocks which were UP 2% ABX CNQ JKS TWTR
VRX LNG CHK SWN TK RIG SPWR CSIQ
GG SLW NFLX WB OLED TCK MGA
WYNN GS AGU.....
AH ER...NTAP Down 7.37%, PVH UP 7.15%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was strong again and closed near high of the day, All indices are technically strong with S&P 500 close to all time highs.Internals were strong and all positive. Oil staged a very impressive rally which helped indices. Some Fed officials are backtracking their enthusiasm for June hike, this is a known pattern, create panic, then backtrack.
BLOG does NOT give buy or sell.
Saleem
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