Indices closed UP.
S&P 500 @ 2658.55, high 2661.36, low 2601.81
RSI @ 42.59
CMF @ -0.176
Internals were :
UP volume led by 6.51 to 1 in NYSE & 4.14 to 1 in Nasdaq
Advancing stocks led by 3.30 to 1 in NYSE & 2.49 to 1 in Nasdaq
Net new 52 wk lows were leading by 168 in NYSE & 48 in Nasdaq
VIX Down 15.44% @ 21.03
Oil @ $65.55
Gold @ $1355.00
Stocks which were UP 4% or more included BZUN FSLR NVDA
AAPL WB AMZN BABA BAC AMAT JKS LRCX MSFT
NFLX ROHU SPWR ALDR TRIP MGA MS TNA X.....
AH news...RHT UP 5.06%, OSTK Down 9.42%
AH Futures UP
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE reacted aggressively to " quiet diplomacy " to resolve trade issues. Indices closed near high of the day, most internals were positive. We are all set to resume back to back gains in market. Technicals were so washed out, this quick bounce was predictable. Same old same old stocks are going UP the most.
BLOG does NOT give buy or sell.
Saleem
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