Indices UP .03% to .45%....NICE !!!!

Indices closed UP.

S&P 500 @ 2477.83, high 2481.67, low 2474.94

RSI @ 67.36

CMF @ 0.196

Internals were :

UP volume led by .76 to 1 in NYSE & 1.42 to 1 in Nasdaq

Advancing stocks led by 1.02 to 1 in NYSE & .94 to 1 in Nasdaq

Net new 52 wk highs were leading by 156 in NYSE & 159 in Nasdaq

VIX UP .17% @ 9.60, low today 8.85...

Oil @ $48.75

Gold @ $1249.40

Stocks which were UP 2% or more included BIDU AMD
MCHP CTRP OTEX IAG KGC BABA GG TECK
JKS AEM X LRCX.......

In my portfolio :

Sold AMD @ $14.78

Added 100% TWTR @ $19.43

Added 80% WB @ $76.24

AH ER.....PYPL UP 2.23%, FB UP 3.32%

FB earning was a beat on Sales and beat on earning by 19 cents
Every metric saw growth, earning was UP a whopping 71% this Q.
FB is guiding to spend less and expenses were less than anticipated for reported Q, this was a big relief in AH. Stock price went down to $158 @ low of AH and high was $173.44, on AH volume of 11 million shares. 

AH Futures UP

AH Asian Markets Mixed

AH Oil Down 

AH Gold UP

About market, TAPE closed UP. S&P 500, Dow & Nasdaq all made a new all time high. Earning season has been better than expected so far. Thursday is TWTR, AMZN & BIDU earnings, they are expected to be better than consensus. Internals were mixed. Fed statement of no change in interest rates was expected, balance sheet issue is being looked @ for early resolution.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed