Indices closed mixed......

Indices closed mixed.

S&P 500 @ 1979.92, low 1971.92, high 1991.62

RSI @ 53.96

CMF @ 0.072

Internals were :

UP volume led by 1.51 to 1 in NYSE & .85 to 1 in Nasdaq

Advancing stocks led by 1.24 to 1 in NYSE & .79 to 1 in Nasdaq

Net new 52 wk highs were leading by 11 in NYSE & lows by 8 in Nasdaq

VIX Down .72% @ 19.40

Oil @ $48.53

Gold @ $1146.40

Stocks which closed green included CNQ LULU VDSI
AMBA YY TSL MU LVS WYNN GPRO JKS FSLR
SPWR SU SNDK AMCC LSCC CY GMCR MCD
X ABX SLW GG AEM CCJ Z AGU......

AH ER..ADBE Down 3.11%, YUM Down 18.35%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, All indices made higher highs and Dow closed above 50 DMA. After hour earnings reports are on the weak side especially YUM which may raise Chinese growth issue. Any weakness is a buying opportunity and may not last too long. Oil & Gold are getting bid in this environment. Stay the course, we are heading in the right direction.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed