Indices closed UP .70% to .82%.....NICE !!!!

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

Posted in: Mixed