Indices closed UP 1.13% to 1.30%....NICE !!!!

Indices closed UP.

S&P 500 @ 2090.35, high 2090.35, low 2063.11

RSI @ 68.33

CMF @ 0.410

Internals were :

UP volume led by 3.63 to 1 in NYSE & 4.70 to 1 in Nasdaq

Advancing stocks led by 3.74 to 1 in NYSE & 3.97 to 1 in Nasdaq

Net new 52 wk highs were leading by 54 in NYSE & 71 in Nasdaq

VIX Down 7.13% @ 14.33

Oil @ $45.94

Gold @ $1176.10

Stocks which were UP 2% ++++ included CNQ FIT NFLX VDSI
AAPL SWIR TSL BABA FEYE GPRO JKS CSIQ FSLR SPWR
YHOO SINA DNKN SU YNDX CRUS LSCC CIEN FNSR
C QIHU GMCR SPLK X CCJ DATA CSOD MGA MS
GS BRCM WYNN......

AH ER.....SPWR UP 6.21%, CRUS UP 4.21%
                 BWLD Down 14.03%, GPRO Down 17.41%

NXPI reported @ 8.03 PM, here are the details :

Q3 Sales expected $1.55 billion, actual $1.52 billion,  miss by $30 million

Q3 EPS expected $1.50, actual $1.57, a beat by 7 cents

Q4 expectations Sales $1.58 billion, guidance $1.52 billion, a miss by $60 million

Margin improved & staying @ 49.1% thus a beat in Q3......

Conference call @ 8AM......

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was very strong and closed @ absolute highest point in S&P 500 & Nasdaq, Dow missed by few ticks.Internals were super strong. Earnings are mixed tonight and may affect Thursday's trade. TAPE may need some rest here to find its support.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed