Indices closed UP 1.28% to 1.82%....NICE !!!!

Indices closed UP.

S&P 500 @ 2023.86, high 2024.15, low 1996.47

RSI @ 59.83

CMF @ 0.153

Internals were :

UP volume led by 3.91 to 1 in NYSE & 4.12 to 1 in Nasdaq

Advancing stocks led by 4.35 to 1 in NYSE & 4.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 18 in NYSE & 5 in Nasdaq

VIX Down 10.98% @ 16.05

Oil @ $46.38

Gold @ $1187.50

Stocks which closed UP 2% or more included FB FIT TSLA
AMZN SWIR RAD TSL BABA FEYE NXPI BIDU LVS
CSIQ YHOO EXPE EBAY MA YNDX CRUS CIEN
C QIHU SPLK X CSOD MS GS YELP....

AH ER...WYNN Down 8.72%

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was super strong and closed @ high of the day. Internals were very strong. Volume was higher than average which confirms conviction in the market place. Jimmy the Cramer is scrambling big time to explain himself and sound like a sore loser, his prediction of 10 days of down move based on his reliable 10 read has backfired, be careful who you listen to & follow, some admit to being 100% wrong immediately but NOT Cramer, he is making daily prediction of losses coming. Many strong stocks led today's rally which is what you like to see in any strong rally. More gains are in store.

BLOG does NOT give buy or sell.

Saleem