CLOSING NUMBERS

Nice gains in the closing hour gets the SPX past the 50 day SMA at the 1,520 area with sights set on the 1,535/1,540 level and the 50% retracement between 1,576 and 1,490.

Strong sectors -metals, emerging markets, oils, insurance, banks and homies while airlines, internets, utils and biotechs lagged.

Key stocks -75% in the green led by MA GRMN MTW BG AMZN NVDA JPM XOM AAPL and MGM;

NYSE -935 net winners;

NAZ -460 net winners;

NDX - 50 WINNERS;

OEX -75 WINNERS;

IBD 100-80 WINNERS;

Big Winners- STP DRYS SDA NOV MTL PKX MA FSTR XMSR FLEX GRMN SIRI EXPD VRTX AMZN ORCL AIG BHI TXN WFC CSCO JPM;

Big Losers- C MS EP CCU COF XRX MSFT HET HNZ CYNO CRNT BIDU ININ ARD DSX WYNN PFWD;

VIX - down 12% and trading at the 10 day SMA;

Up volume more than double Down volume;

TRIN .68;

RSI (2) on major indexes:

SPX 68

OEX 68

NDX 71

RUT 62

DJIA 65

Macau stocks LVS/WYNN down again and trading like there will never be another winning day for the house. Not likely and I suspect they are at/near buy spots (scale).

Metals traded well with GOLD nearing the $830 level-

BHP +4.4%

FCX +3%

GDX +3.6%

PAAS +9%

SSRI +7%

RIO +6%