Indices closed UP 1.03% to 1.86% ....NICE !!!!

Indices closed UP.

S&P 500 @ 2698.63, high 2702.10, low 2648.87

RSI @ 46.69

CMF @ 0.032

Internals were :

UP volume led by 4.90 to 1 in NYSE & 4.0 to 1 in Nasdaq

Advancing stocks led by 2.26 to 1 in NYSE & 2.94 to 1 in Nasdaq

Net new 52 wk lows were leading by 52 in NYSE & 37 in Nasdaq

VIX Down 22.87% @ 19.26

Oil @ $60.60

Gold @ $1358.00

Stocks which were UP 2% or more included CTRP NVDA
SHOP WB BIDU AMAT MOMO FB BZUN LRCX
BABA ROKU NFLX AMD JD OLED SNAP
LULU VRX CNQ GG BAC TECK AMZN
FCX V ABX AEM JKS LEN SINA DNKN
ALDR VECO TWLO FNSR CHK YELP
CIEN GS TRIP MS OSTK SPLK TNA
NKE KBH CMG IBM X M CNX....

AH news...CSCO UP 6.75%, TEVA UP 8.64%
                 TRIP UP 17.76% , NTAP Down 9.80%

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE showed its resiliency by ignoring rate hike and inflation fears based on data. Indices were UP 4 days in a row which may be setting another record in 2 years. Most sectors participated in today's bullish TAPE. This TAPE has the same feel of 2017 and of January 2018 and deserve same bullish focus.

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