Indices closed UP 2.08% to 2.37%....NICE !!!!

Indices closed UP.

S&P 500 @ 2131.52, high 2132.00, low 2100.59

RSI @ 50.01

CMF @ -0.222

Internals were :

UP volume led by 10.85 to 1 in NYSE & 5.90 to 1 in Nasdaq

Advancing stocks led by 4.66 to 1 in NYSE & 4.04 to 1 in Nasdaq

Net new 52 wk highs were leading by 45 in NYSE & lows by 2 in Nasdaq

VIX Down 16.88% @ 18.71

Oil @ $44.89

Gold @ $1279.40

Stocks which were UP 3% or more included AMD CMG
TCK AKS ACIA GWPH NTES SPLK ZYNE AMZN
SBUX CSIQ SINA WB YUM PCLN CHK FEYE
FSLR SPWR CIEN GS AGU CSOD MS AAL
OLED X LRCX......

AH ER...PCLN UP 5.12%, HTZ Down 31.03%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong and closed @ high of the day, internals were mostly strong. Today's run may run into profit taking on news which is Wednesday, Tuesday is a hold day. Wednesday by close could be a better timing to add to your existing position or add new exposure. There is an election fatigue for everyone, thus a pause for couple of days is welcome relief.

BLOG does NOT give buy or sell.

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