Indices closed UP.
S&P 500 @ 2147.26, high 2151.31, low 2122.36
RSI @ 45.11
CMF @ 0.138
Internals were :
UP volume led by 4.63 to 1 in NYSE & 4.29 to 1 in Nasdaq
Advancing stocks led by 3.14 to 1 in NYSE & 2.72 to 1 in Nasdaq
Net new 52 wk highs were leading by 26 in NYSE & 28 in Nasdaq
VIX Down 10.14% @ 16.30
Oil @ $43.91
Gold @ $1318.00
Stocks which were UP 2% or more included QRVO BIDU
CTRP EGO ABX AAPL TSLA JCP OLED NXPI WB
JKS BABA YELP MU AMCC TCK CRUS SWIR....
AH News ..ORCL Down 3.21%, P UP 2.18%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE staged a spirited rally on weak economic data, indices closed near high of the day. Internals were all strong and positive. It is important to have high comfort stocks in this volatile TAPE. Strong stocks were all higher including AAPL & FANG, which is a good sign of technical strength in technology stocks. There is a closing BLOG around 7 PM on Friday's.
BLOG does NOT give buy or sell.
Saleem
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