Indices closed UP.
S&P 500 @ 2818.46, high 2829.87, low 2803.99
RSI @ 57.53
CMF @ 0.052
Internals were :
UP volume led by 4.46 to 1 in NYSE & 7.08 to 1 in Nasdaq
Advancing stocks led by 2.78 to 1 in NYSE & 2.05 to 1 in Nasdaq
Net new 52 wk highs were leading by 178 in NYSE & 48 in Nasdaq
VIX Down 10.10% @ 14.68
Oil @ $59.94
Gold @ $1315.00
Stocks which were UP 1% or more included BZUN TSLA TWTR
GG PRNB SHOP NVDA NIU CGC CRUS FFIV ALDR CHK
RIG LVS GS MA ORCL MS ULTA TSM NKE CMG V...
AH news...SCVL UP 19.03%, SNCR UP 6.51%
LLNW Down 5.57%, PTEN Down 8.15%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was strong @ open then faded to almost unchanged level then jumped UP near close. Today's action was extremely positive considering fear of recession / slowdown and inverted yield scenario. Hopefully we get another positive close on Wednesday to confirm this turnaround.
BLOG does NOT give buy or sell.
Saleem
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