Indices closed UP .05% to .28%....NICE !!!!

Indices closed UP

S&P 500 @ 2823.81, high 2839.26, low 2813.04

RSI @ 64.58

CMF @ 0.295

Internals were :

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

Advancing stocks led by 1.14 to 1 in NYSE & .62 to 1 in Nasdaq

Net new 52 wk lows were leading by 19 in NYSE & highs by 36 in Nasdaq

VIX Down 8.45% @ 13.54

Oil @ $64.73

Gold @ $1339.00

Stocks which were UP 1% or more included MOMO SQ
SHOP BIDU NVDA TSLA BABA BZUN GE SNAP
MU FCX KGC MA QRVO MSFT SINA FFIV AMD
ORCL TEUM DPW SPLK NKE AAL PANW CNX...

AH news...OTEX UP 11.53%, QRVO UP 8.68%
                  PYPL Down 11.13%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was strong then faded on Fed announcement. By close indices were all green. Internals were mostly positive. AH earnings from FB, MSFT and others were taken as not bad. News about Chinese economy is encouraging and came in better than expected. Hopefully we move decidedly higher tomorrow into close.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed