Indices were strong based on economic data & improving traders sentiment after long weekend...all indices closed near high of the day......
Internals of the markets were strong as listed below :
UP volume led by 9.86 to 1 in NYSE & 5.93 to 1 in Nasdaq
Advancing issues led by 4.92 to 1 in NYSE & 2.55 to 1 in NASDAQ
New 52 wk highs were 107 in NYSE & 100 in Nasdaq.....
Overall a very healthy picture....
Volume was high in Nasdaq BUT was below average in NYSE & S&P 500....
VIX closed @ 22.25 Down 2.11%
Gold rocketed UP to $1119....
Oil was strong @ $77.42 area.....
On a "humorous note" Commodity King Dennis Gartman was short commodities.....which were all rocketing UP today ????
Also Guy Adami was missing from desk ?????
AH Futures are Green....
AH All Asian markets are UP....
BLOG does NOT give buy or sell.
Saleem
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