Indices closed UP 1.35% to 1.46%....NICE !!!!

Indices closed UP.

S&P 500 @ 2395.96, high 2400.98, low 2380.13

RSI @ 81.69

CMF @ 0.472

Internals were :

UP volume led by 3.44 to 1 in NYSE & 2.92 to 1 in Nasdaq

Advancing stocks led by 2.00 to 1 in NYSE & 3.5 to 1 in Nasdaq

Net new 52 wk highs were leading by 333 in NYSE & 269 in Nasdaq

VIX Down 2.94% @ 12.54

Oil @ $53.83

Gold @ $1250.00

Stocks which were UP 3% or more included AMD TECK
MU PI AKS BAC FCX OCLR LVS WYNN CNX....

AH ER...MNST UP 14.21%, AVGO UP 4.03%

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE took off in a big way, relieved that politicians can work together and make compromise for economic plans for US, this removes a major uncertainty about style and substance.Volume was higher and internals were extremely healthy. Yes we go on further in this rally, we have momentum building up and is @ very early stage. Think 1987, think 1999, we kept going higher and higher.

BLOG does NOT give buy or sell.

Saleem