Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 1851.86, low 1850.32, high 1881.60

RSI @ 36.86

CMF @ 0.087

Internals were :

UP volume led by .86 to 1 in NYSE & 1.59 to 1 in Nasdaq

Advancing stocks led by 1.15 to 1 in NYSE & 1.00 to 1 in Nasdaq

Net new 52 wk lows were leading by 125 in NYSE & 208 in Nasdaq

VIX Down .94% @ 26.29

Oil @ $27.45

Gold @ $1194.60

Stocks which were UP 1% or more included
BIDU CTSH FB JKS SBUX V
NTES TWTR PCLN LULU AMZN
LVS LEN NFLX YHOO EXPE CMG MA
FEYE AMBA AAL PANW UA ABX GG DATA
ZG MLNX....

AH ER....TWTR Down 3.2%, CSCO UP 7.93%
                TSLA UP 9.63%, EXPE UP 11.61%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE closed near low of the day after Fed dashed hope for change in rate scenario, market were UP earlier. Oil remains the deciding factor as to the direction of this market. Lot of noise about every negative aspect which may put negative spin to this TAPE. We have to wait out this phase whenever it ends. Stay with quality stocks in a diversified portfolio.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed