Indices closed UP .37% to .43%......NICE !!!!

Indices closed @ high of the day.

S&P 500 @ 1955.18, high 1955.23, low 1947.41...50 DMA @ 1956.77

RSI @ 52.59

CMF @ 0.044

Internals were :

UP volume led by 1.83 to 1 in NYSE & 1.53 to 1 in Nasdaq

Advancing stocks led by 2.11 to 1 in NYSE & 1.32 to 1 in Nasdaq

Net new 52 wk highs were leading by 56 in NYSE & 3 in Nasdaq

VIX Down 3.72% @ 12.42

Oil @ $95.58

Gold @ $1315.70

Stocks which were UP 1% or more included SPLK 
TWTR LNKD GRPN COH CSIQ  AMZN 
LEN ARUN CIEN FNSR JCP M X 
CCJ WLT......

AH ER...EXTR Down 1.87%, JCP UP 3.29%
               SINA UP 3.91%, ADSK UP 5.75%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE continues on its move UP. S&P 500 staring @ 50 DMA & likely to conquer it tomorrow. Weekly Option expiry may fuel this rally further UP as momentum is building UP. Summer low volume is no concern as it is peak holiday season until week after Labor day. Internals have perked UP, all positive including CMF. Stay the course or increase your exposure.

BLOG does NOT give buy or sell.

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