Indices closed UP 1.05% to 1.24%.....NICE !!!!

Indices closed UP.

S&P 500 @ 2374.15, high 2376.98, low 2369.19

RSI @ 58.83

CMF @ 58.83

Internals were :

UP volume led by 6.29 to 1 in NYSE & 2.97 to 1 in Nasdaq

Advancing stocks led by 2.45 to 1 in NYSE & 2.61 to 1 in Nasdaq

Net new 52 wk highs were leading by 241 in NYSE & 214 in Nasdaq

VIX Down 25.91% @ 10.84

Oil @ $49.23

Gold @ $1277.50

Stocks which were UP 1% or more included AMD BIDU
NTES BBRY SWIR CIEN FNSR BABA OLED GOOG
SWKS QRVO  BAC C NVDA FB UA MA JKS MSFT
CSIQ SINA EXPE SU YUM FFIV PCLN WB YELP
FSLR SPWR GS AGU TRIP CSOD MGA MS OPK
CRUS AAL X PANW LRCX....

AH News...ABX Down 3.62%, ESRX Down 14.94%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE went in overdrive to celebrate French election tilt towards EU and status quo, thus boosting euro & worldwide markets. Dow and S&P 500 closed above 50 DMA and Nasdaq went into a brand new all time high.Most sectors participated in this rally, market breadth was very strong after a long time. VIX crashed 25.91% among the worst losses in a very long time. North Korea situation and tax reform is next big thing.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed