Indices closed UP 1.33% to 1.36%.....NICE !!!!!

Indices closed UP.

S&P 500 @ 2098.85, high 2098.94, low 2070.00

RSI @ 54.77

CMF @ 0.062

Internals were :

UP volume led by 3.76 to 1 in NYSE & 4.13 to 1 in Nasdaq

Advancing stocks led by 3.85 to 1 in NYSE & 2.46 to 1 in Nasdaq

Net new 52 wk highs were leading by 406 in NYSE & 78 in Nasdaq

VIX Down 6.07% @ 15.63

Oil @ $48.33

Gold @ $1320.60

Stocks which were UP 1% or more included NTES
SODA CTRP LNG GOOG SPWR AAPL LULU
GG ABX COH QRVO MSFT CSIQ YHOO
SINA EXPE SU FFIV SSYS RIG FEYE
WB BABA YELP MU OLED AAL
LRCX TCK SLW AEM CRUS
SWIR CSOD MS FCX ZG
GS AGU MLNX....

AH ER...MU Down 9.45%

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was in super bullish mode and closed UP 3 days in a row, Indices closed @ high of the day  missing the absolute highest level by fraction. Internals improved further. All indices closed above 50 & 200 DMA, a sign of strong technicals. Conviction and patience is paying off nicely. Canada is closed Friday for independence day. There is a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem