Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2278.87, low 2267.21, high 2279.09

RSI @ 55.36

CMF @ 0.282

Internals were :

UP volume led by 1.30 to 1 in NYSE & 1.18 to 1 in Nasdaq

Advancing stocks led by 1.75 to 1 in NYSE & 1.59 to 1 in Nasdaq

Net new 52 wk highs were leading by 55 in NYSE & 38 in Nasdaq

VIX UP .93% @ 11.99

Oil @ $52.81

Gold @ $1211.40

AH ER...AMD UP  3.57%,    AAPL UP 3.02%

AMD earnings reports was a beat on Sales and EPS, guiding higher than expectations.

OCLR guidance was higher than expectations, conference call was upbeat. Down 1.63% AH.

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE erased most of the losses by close, Nasdaq closed UP. CMF is @ highest level in 6 weeks. Indices have discounted damage due to immigration issue. Internals closed positive all over from earlier negative bias. Looks like Wednesday should be a good day. Fed statement should be positive for market.

BLOG does NOT give buy or sell.

Saleem
             

Posted in: Mixed