Indices closed UP .01% to .45%....NICE !!!!

Indices closed UP.

S&P 500 @ 2546.16, high 2573.99, low 2528.71

RSI @ 31.56

CMF @ - 0.061

Internals were :

Down volume led by 1.16 to 1 in NYSE & .96 to 1 in Nasdaq

Declining stocks led by 1.14 to 1 in NYSE & 1.43 to 1 in Nasdaq

Net new 52 wk lows were leading by 985 in NYSE & 665 in Nasdaq

VIX UP 4.32% @ 25.58

Oil @ $46.24

Gold @ $1253.60

Stocks which were UP 2% or more included NVDA SQ
MTCH SHOP AMD AAL PHM ESTC AEM FB GG
VICR FSLR TLRY AMZN CRUS CSIQ QRVO
NTNX GS MGA KBH M.......

AH news...MU Down 9.06%, JBL UP 10.27%

                 FDX Down 6.11%

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE is following a very bearish pattern despite being deeply oversold, hardly any strength in today's bounce. DOW was UP 300 points and lost it all mid day only to close modestly higher. Fed statement may give some relief @ 2 PM and @ conference call but Thursday trading day may show fade, this is based on current weak TAPE ans " sell the strength trading "

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed