Indices closed UP .46% to .72%.....NICE !!!!

Indices closed UP after some hesitation.

S&P 500 @ 1938.99, high 1942.92, low 1921.20

RSI @ 41.18

CMF @ 0.050

Internals were :

UP volume led by 2.56 to 1 in NYSE & 2.27 to 1 in Nasdaq

Advancing stocks led by 1.60 to 1 in NYSE & 1.70 to 1 in Nasdaq

Net new 52 wk lows were leading by 43 in NYSE & 58 in Nasdaq

VIX Down 11.22% @ 15.12

Oil @ $98.29

Gold @ $1287.70

Stocks which were UP 1% or more included FB MU SWIR
QIHU GTAT WUBA YY YELP YHOO BIDU TSLA
PCLN GOOGL GRPN OWW COH LVS KOG
CSIQ AMZN SINA CMG SU EBAY FSLR
INVN HIMX SNDK PANW M SPLK
X STLD CCJ DATA CSOD MGA
WLT Z WYNN AGU.....

AH ER ...GTAT UP 11.26%, SALE Down 20.75%

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE staged an oversold bounce on low volume. TAPE may remain erratic & we have to watch for direction. Nasdaq is well above 50 DMA which may be telling us that there is strength in some techs, overall direction for other stocks may be challenged. This remains a trading market & profit may be difficult to keep unless you book it quickly.

BLOG does NOT give buy or sell.

Saleem