Markets closed near the highs as the buyers showed and and didnt appear to care all that much about tomorrows job number- hmmm.
SPX +8.5, NAZ +16 and the DJIA +64- and the NYSE internals were strong all day and closed with 1600 net green stocks- although Pisani does say that lots of those stocks were barely green or red- dont know.
Strongest sectors-metals, banks, fins, trannies and oil service while ags, drugs, tech and bonds lagged.
NYSE-1500 net green.
NAZ- 900 net green.
NDX- 77 GREEN.
SPX 375 GREEN.
VIX- down 6.5% at 27 and about a point above the SMA 10.
Sold some gold and some PAAS today- and will look to buy back at lower prices- just seemed right as the 1k number on gold probably brings in some sellers.
RSI 2 levels on the SPX back to 50 and a bit higher on the NAZ/NDX/RUT- so not doing much in those areas yet- looking to dump some longs at higher levels now that most are bearish again- just turn on the tv- they will get bullish higher- no doubt.