Indices closed UP .12% to .19%....NICE !!!!

Indices closed UP.

S&P 500 @ 2468.11, high 2474.93, low 2463.86

RSI @ 53.84

CMF @ 0.111

Internals were :

UP volume led by 1.42 to 1 in NYSE & 1.59 to 1 in Nasdaq

Advancing stocks led by 1.52 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk lows were leading by 11 in NYSE & 32 in Nasdaq

VIX Down 2.49% @ 11.74

Oil @ $46.78

Gold @ $1282.90

Stocks which were UP 1% or more included WB BABA OLED
MU VRX TWTR CY GG TECK ABX KGC GG AEM SINA
EXPE FEYE YELP SNAP SHOP SPLK ULTA KBH X
PANW LRCX......

AH ER....VIPS Down 8.02%, LB Down 5.46%
               CSCO Down 2.50%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE tried to ignore POTUS remarks and Fed minutes, but in the end it closed barely green. Fed minutes were extremely bullish for the market, as interest rate hike is far far away. Internals were mostly positive but CMF is heading down daily. BABA reports before open, its reaction may set the tone for rest of the day.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed