Indices closed UP 1.03% to 1.22%.....NICE !!!!

Janet Yellen's testimony & Q&A went well, market liked her answers.

S&P 500 @ 1819.75, high 1823.54

RSI @ 55.55

CMF @ 0.200

Internals were :

UP volume led by 5.55 to 1 in NYSE & 2.81 to 1 in Nasdaq

Advancing stocks led by 3.55 to 1 in NYSE & 2.35 to 1 in Nasdaq

Net new 52 wk highs were leading by 83 in NYSE & 84 in Nasdaq

VIX Down 4.91% @ 14.51

Oil @ $99.94

Gold @ $1289.80

Stocks which were UP 2% or more included KOG
SSRI JCP INVN CRUS FB LRCX FNSR
LVS FFIV GMCR SPLK X STLD 
GG EGO SLW WLT GS.....


AH ER : TRIP Down 1.72%, CSOD Down 2.24%, 
               FEYE Down 6.87%

AH Futures Down

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was strong & closed near high of the day, IBD tonight has changed its market outlook to "market in confirmed uptrend". Chinese Trade data was mixed Export for January UP 10.6% vs 2% forecast but imports were UP 10% vs forecast of 3%. I believe that we need to digest gains of 85.62 points or a gain of 7.38% in last 4 trading days.

BLOG does NOT give buy or sell.

Saleem