Indices closed down .21% to 1.00%.....

Indices closed lower.

S&P 500 @ 2119.21, low 2115.40, high 2128.49

RSI @ 56.90

CMF @ -0.042

Internals were :

Down volume led by 1.59 to 1 in NYSE & 1.10 to 1 in Nasdaq

Declining stocks led by 1.51 to 1 in NYSE & 1.49 to 1 in Nasdaq

Net new 52 wk lows were leading by 136 in NYSE & 33 in Nasdaq

VIX Down .24% @ 12.22

Oil @ $50.36

Gold @ $1103.50

AH ER... YHOO Down 1.84%, AAPL Down 6.85%
                CMG UP 1.4%, ISRG UP 12.55%
                GPRO UP 1.39%

GPRO ER was beat all the way....

Sales Q2 Actual $420 Million, expectations $395.2 Million
EPS Actual 35 cents, expectations 26 cents

Guidance Q3 $430 to $445 Million, expectations $404 million
Guidance EPS 29 to 32 cents, expectations 22 cents....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE has entered serious selling, internals remains weak, AAPL earnings will hit Nasdaq hard. Low exposure is the right way to go. Stay with success story, weak stocks will become weaker, it is an extremely selective market. Let us hope, that we do not close @ low of the day on Wednesday. 

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed