Indices closed UP.
S&P 500 @ 2349.01, high 2349.14, low 2332.51
RSI @ 47.98
CMF @ 0.011
Internals were :
UP volume led by 4.42 to 1 in NYSE & 3.54 to 1 in Nasdaq
Advancing stocks led by 2.93 to 1 in NYSE & 2.36 to 1 in Nasdaq
Net new 52 wk highs were leading by 67 in NYSE & lows by 9 in Nasdaq
VIX Down 8.15% @ 14.66
Oil @ $52.65
Gold @ $1291.90
Stocks which were UP 2% or more included AMD CY
BAC NVDA NFLX CSIQ FEYE YELP SPWR
MLNX KBH AAL.....
AH News...NFLX UP 1.43%, CUDA Down 3.89%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE staged an oversold bounce, Chinese GDP of 6.9% also helped. International tension is still on and may impact markets worldwide based on statements and action, we need all clear to see conviction for markets. Indices closed @ high of the day and internals improved. It is important to keep an eye on market behavior going forward. Most sectors participated in this bounce.
BLOG does NOT give buy or sell.
Saleem
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