Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2169.18, high 2173.54, low 2160.18

RSI @ 63.35

CMF @ 0.441.....highest level in 5 months

Internals were :

UP volume led by 2.01 to 1 in NYSE & 2.36 to 1 in Nasdaq

Advancing stocks led by 1.58 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 205 in NYSE & 137 in Nasdaq

VIX UP 1.40% @ 13.05

Oil @ $42.92

Gold @ $1320.80

Stocks which were UP 1% or more included JCP
NTES PANW SPWR EGO GG ABX JKS KGC
BIDU NXPI LVS NFLX YHOO EBAY SSYS
CHK WB LNG FSLR MU CIEN AAL TCK
SLW AEM CRUS SWIR MGA FCX ZG
WYNN AGU.....

AH ER..TWTR Down 10.89%, AKAM Down 12.21%
             PNRA UP 3.9%, AAPL UP 6.81%

AAPL earning report was a beat in Sales and EPS, AAPL is guiding higher for this Quarter.

AH futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE showed its resiliency by erasing most of the losses and actually closed green, only Dow lagged slightly to close in red. AAPL lit the fire by beating in all metrics closely followed by all analysts, expecting much higher target price on AAPL. FB NXPI, BIDU are on tap for earning confession, most should be minor beat. Fed statement @ 2 PM, should be bullish for equities.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed