Indices closed down .37% to .56%.......

Indices closed down.

S&P 500 @ 2040.04, low 2025.91, high 2044.21

RSI @ 42.98

CMF @ 0.092

Internals were :

Down volume led by 1.82 to 1 in NYSE & Nasdaq ( typo)

Declining stocks led by 2.53 to 1 in NYSE & 2.33 to 1 in Nasdaq

Net new 52 wk lows were leading by 17 in NYSE & 72 in Nasdaq

VIX UP 2.38% @ 16.33

Oil @ $48.16

Gold @ $1254.80

AH ER....AMAT UP 8.49%, SOHU UP 3.77%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE faced selling from open but again pared its losses and closed near high of the day. Fed policy has taken centre stage and we had volatility to reflect their upcoming decision.. Strange TAPE action today, gold was sharply lower but gold stocks celebrated with green close. Earnings are giving positive surprises WMT gained in sales when AMZN was conquering the world.AH is looking good for Friday's green TAPE. There is only a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed