Indices closed UP.
S&P 500 @ 2488.11, high 2488.95, low 2474.52
RSI @ 62.00
CMF @ 0.031
Internals were :
UP volume led by 3.96 to 1 in NYSE & 2.86 to 1 in Nasdaq
Advancing stocks led by 3.59 to 1 in NYSE & 2.56 to 1 in Nasdaq
Net new 52 wk highs were leading by 198 in NYSE & 218 in Nasdaq
VIX Down 11.47% @ 10.73
Oil @ $48.07
Gold @ $1335.70
Stocks which were UP 2% or more included AMD NVDA NFLX
JD BABA WUBA TSLA MCHP FNSR OLED MU VRX MA
SWIR BAC LEN CSIQ SINA FEYE AGU DATA MS AAL
SHOP CRUS SWKS LRCX CNX.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was in supercharged mode with buying dominating until final bell. Internals were strong. Reason for this big jump was most of the pressing issues seemed so far away from any traders mind. S&P 500 closed @ new all time high, while Nasdaq is only 29 points away and Dow 144 points from making new all time high. Most sectors participated in this rally, strong stocks took off.
BLOG does NOT give buy or sell.
Saleem
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