Indices closed UP .99% to 1.47%....NICE !!!!

Indices closed UP.

S&P 500 @ 2147.26, high 2151.31, low 2122.36

RSI @ 45.11

CMF @ 0.138

Internals were :

UP volume led by 4.63 to 1 in NYSE & 4.29 to 1 in Nasdaq

Advancing stocks led by 3.14 to 1 in NYSE & 2.72 to 1 in Nasdaq

Net new 52 wk highs were leading by 26 in NYSE & 28 in Nasdaq

VIX Down 10.14% @ 16.30

Oil @ $43.91

Gold @ $1318.00

Stocks which were UP 2% or more included QRVO BIDU
CTRP EGO ABX AAPL TSLA JCP OLED NXPI WB
JKS BABA YELP MU AMCC TCK CRUS SWIR....

AH News ..ORCL Down 3.21%, P UP 2.18%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE staged a spirited rally on weak economic data, indices closed near high of the day. Internals were all strong and positive. It is important to have high comfort stocks in this volatile TAPE. Strong stocks were all higher including AAPL & FANG, which is a good sign of technical strength in technology stocks. There is a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed