Indices closed UP .58% to .77%....NICE !!!!

Indices closed UP.

S&P 500 @ 2083.25, high 2100.66, low 2075.58

RSI @ 50.29

CMF @ 0.164

Internals were :

UP volume led by 4.21 to 1 in NYSE & 2.47 to 1 in Nasdaq

Advancing stocks led by 3.46 to 1 in NYSE & 2.79 to 1 in Nasdaq

Net new 52 wk highs were leading by 173 in NYSE & 34 in Nasdaq

VIX Down 5.36% @ 18.37

Oil @ $49.37

Gold @ $1290.10

Stocks which were UP 2% or more included CNQ UA VRX
CTRP LNG PCLN QRVO BIDU CTSH CSIQ EXPE
EBAY CHK SWN WB YELP TCK CRUS MS
CSOD FCX ZG TRIP......

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE celebrated Brexit poll to stay in EU, Europe was UP 3% to 3.5% on that poll, but we were UP only .77% max, this lukewarm reaction is very surprising. Indices closed near lower half, internals were much stronger than indices, S&P 500 & Dow closed above 50 DMA and Nasdaq closed above 200 DMA. US$ was weak, which gave a lift to oil. We will stay hostage to Brexit sentiment and polls until Friday result.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed