Indices closed down .18% to .20%......

Indices closed down.

S&P 500 @ 2071.50, low 2069.80, high 2085.65

RSI @ 44.68

CMF @ 0.177

Internals were :

UP volume led by 1.65 to 1 in NYSE & 1.09 to 1 in Nasdaq

Advancing stocks led by 1.54 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 89 in NYSE & 31 in Nasdaq

VIX Down 1.76% @ 20.14

Oil @ $48.01

Gold @ $1288.30

Stocks which closed green included   JCP TWTR UA
LNG PANW SPLK QRVO LULU GG ABX KGC
BIDU COH LEN TSLA YUM FFIV PCLN 
SWN SSYS FEYE BABA YELP OLED 
M SODA LRCX TCK SLW DATA
SWIR FCX.......

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong before fed statement but closed near low of the day, Fed statement was interpreted as no increase until September @ the earliest, Fed acknowledged job weakness and Brexit as key reason for delay. Internals were all positive which is a good for health of TAPE. Its again watch and wait for Brexit polls which keeps confirming yes vote. Sit tight with your strong stocks which has high comfort level for you.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed