Indices closed Up .90% to 1.09%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2163.12, high 2165.11, low 2139.57

RSI @ 51.60

CMF @ 0.051

Internals were :

UP volume led by 9.71 to 1 in NYSE & 3.62 to 1 in Nasdaq

Advancing stocks led by 6.26 to 1 in NYSE & 2.65 to 1 in Nasdaq

Net new 52 wk highs were leading by 56 in NYSE & 82 in Nasdaq

VIX Down 16.46% @ 13.30

Oil @ $45.34

Gold @ $1331.40

Stocks which were UP 2% or more included CNQ GG VRX
NTES UA QRVO BIDU CTRP EGO ABX KGC JCP
OLED CSIQ YHOO FNSR CHK SWN TK RIG
WB LNG BABA YELP MU AKS X M TCK
AEM FCX ZG....

AH ER..JBL Down 4.76%, RHT UP 6.59%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE responded strongly to no raise in interest rates. Internals were strong. Nasdaq jumped to new all time high @ close. Most sectors participated in today's sharp rally. It is all clear for next few months for market with usual fed officials talking frenzy. Stay diversified and show patience and conviction, new highs begets more highs.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed