Indices closed UP .93% to 1.87%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4591.67, high 4612.60, low 4540.51

RSI @ 48.24

CMF @ -0.163

Internals were :

UP volume led by 4.07 to 1 in NYSE & 1.96 to 1 in Nasdaq

Advancing stocks led by 2.82 to 1 in NYSE & 1.70 to 1 in Nasdaq

Net new 52 wk lows were leading by 134 in NYSE & 613 in Nasdaq

VIX Down 11.38% @ 27.18

Oil @ $69.49

Gold @ $1779.50

Canadian $ @ .7211

Portfolio CNX HST MGM SNAP NCLH UAL

Stocks which were UP 5% or more included

HST MGM NCLH UAL

XPEV LI SAVE RCL TWTR

WYNN LVS AAL CCL BIDU

PINS LYFT PENN ZI PLAN

UBER EXPE.....

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was in a bullish mode & closed near high of the day. S&P 500 closed above 50 DMA while DOW & Nasdaq are slightly below 50 DMA. Reason for this major run was OMICRON is reporting to be much milder than feared and so far resulting in zero death, quite a relief to world stock market. Expecting another positive close on Tuesday which will confirm this turnaround.

BLOG does NOT give buy or sell.

Saleem