Indices closed UP .21% to .50%....NICE !!!!

Indices closed UP.

S&P 500 @ 2275.32, high 2275.32, low 2260.83

RSI @ 62.53

CMF @ -0.037

Internals were :

UP volume led by 1.63 to 1 in NYSE & 1.35 to 1 in Nasdaq

Advancing stocks led by 2.20 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 106 in NYSE & 103 in Nasdaq

VIX Down 2.00% @ 11.26

Oil @ $52.25

Gold @ $1196.60

AH ER...KBH UP 2.71% , AAOI UP 18.40%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE ignored political agenda and went about doing what it does best, closed @ high of the day. CMF is green in Nasdaq. Internals were strong. Looks like Nasdaq will lead other indices to go higher and cross major milestone of 20,000 on Dow in short order. Keep an eye on euphoria setting in, that is the time to take the money and rest.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed