Thursday 26 October 2017

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2560.40, high 2567.07, low 2559.80

RSI @ 62.85

CMF @ 0.293

Internals were :

UP volume led by 1.05 to 1 in NYSE & .71 to 1 in Nasdaq

Advancing stocks led by 1.08 to 1 in NYSE & 1.04 to 1 in Nasdaq

Net new 52 wk highs were leading by 103 in NYSE & 63 in Nasdaq

VIX UP .62% @ 11.30

Oil @ $52.64

Gold @ $1269.60

Stocks which closed green included AAPL OLED
NFLX SHOP SQ NVDA MCHP SNAP TWTR 
CNQ SBUX JKS LEN SU YUM FFIV LNG
PCLN YELP WYNN DATA ORCL AEM
CRUS SPLK SWKS FSLR NKE CMG
LRCX.....

AH ER...FSLR UP 7.05%, AMZN UP 7.58%
              BIDU Down 10.33%, EXPE Down 13.95%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was green till 2 PM then turned mixed, Nasdaq closed red despite earning beat from TWTR. Tonight earnings were stellar from AMZN GOOG MSFT INTC FSLR but futures are not reflecting any optimism. This market has become individual stocks story good or bad. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

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