Indices UP .09% to .43%....NICE !!!!

Indices closed UP.

S&P 500 @ 2575.26, high 2578.29, low 2572.15

RSI @ 65.72

CMF @ 0.191

Internals were :

UP volume led by 1.25 to 1 in NYSE & 1.85 to 1 in Nasdaq

Advancing stocks led by 1.68 to 1 in NYSE & 1.78 to 1 in Nasdaq

Net new 52 wk highs were leading by 123 in NYSE & 127 in Nasdaq

VIX Down 3.05% @ 10.18

Oil @ $54.38

Gold @ $1270.50

Stocks which were UP 1% or more included CTRP OLED WB
BIDU SQ NVDA BABA TSLA NTES AAPL MOMO VRX
MU LVS SINA EBAY FFIV PCLN CIEN WYNN DATA
SPLK SWKS CMG LRCX.....

AH news...EA Down 2.93%, FORM Down 5.49%
                  X UP 7.5%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed UP and Nasdaq made a new all time high. Many stocks participated and made new all time highs. There is lot of buying momentum going on and have the feel of further move UP. My allocation is @ recent level, which shows that this TAPE is OK for now. Sometimes selling is perplexing, but it is part of  Wall Street game.

BLOG does NOT give buy or sell.

Saleem