Wednesday, 23 April 2014

Indices closed down .08% to .83%....

Indices took a pause & closed lower.


S&P 500 @ 1875.39, high 1879.75, low 1873.91


RSI @ 55.46


CMF @ 0.101


Internals were :


Down volume led by 1.12 to 1 in NYSE & 2.07 to 1 in Nasdaq


Declining stocks led by 1.06 to 1 in NYSE & 2.19 to 1 in Nasdaq


Net new 52 wk highs were leading by 128 on NYSE & by 13 in Nasdaq


VIX UP .61% @ 13.27


Oil @ $101.44


Gold @ $1284.60


AH ER :


QCOM Down 3.89%, FIO Down 4.75%


FB UP 3.57%, AAPL UP 7.89%


AH Futures UP


AH Asian Markets Mixed


AH Oil & Gold UP


About market, TAPE rested today on poor housing data in US. AH came "surprisingly strong earnings from FB & AAPL"......AAPL earnings report was a complete surprise to me & all the analysts who cover this stock. Benefit of surprisingly strong earnings that it gives boost to market to go further UP.


BLOG does NOT give buy or sell.


Saleem

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