Indices closed UP .03% to .19%....NICE !!!!

Indices closed UP.

S&P 500 @ 2182.22, high 2183.08, low 2168.50

RSI @ 59.46

CMF @ 0.203

Internals were :

Down volume led by 1.07 to 1 in NYSE & 1.04 to 1 in Nasdaq

Declining stocks led by .91 to 1 in NYSE & 1.43 to 1 in Nasdaq

Net new 52 wk highs were leading by 76 in NYSE & 45 in Nasdaq

VIX Down 3.56% @ 12.19

Oil @ $46.79

Gold @ $1348.80

AH ER....NTAP UP 7.45%, YY UP 3.4%
                NTES UP 2.31%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE fought its way back to positive in all indices & closed @ high of the day on Fed minutes, Fed is in no hurry to raise rates, this is good for equities as many traders were afraid for  hawkish statement in minutes. Internals were weak but oil turned UP which also supported TAPE. Earnings tonight are positive. Monthly option expiry may play a positive role in next two days of trading.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed