Indices closed mixed .....

Indices closed mixed after earlier losses.

S&P 500 @ 2114.76, high 2116.09, low 2094.89

RSI @ 57.73

CMF @ 0.084

Internals were :

UP volume led by 1.73 to 1 in NYSE & 1.21 to 1 in Nasdaq

Advancing stocks led by 1.71 to 1 in NYSE & 1.56 to 1 in Nasdaq

Net new 52 wk highs were leading by 39 in NYSE & 26 in Nasdaq

VIX Down 5.41% @ 12.41

Oil @ $57.06

Gold @ $1213.90

Stocks which were UP 1% or more included
AKS BBRY GPRO VDSI
GG LVS JKS CSIQ FFIV FSLR
CRUS SNDK AMCC CIEN FNSR
JCP X STLD ABX SLW AEM CCJ
WYNN AGU......

AH ER ...GPRO UP 9.89%, AKAM Down 5.94%
                BWLD Down 9.74%, WYNN Down 9.74%

GPRO ER was a beat in Sales & EPS and is guiding higher.

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE showed some strength by eliminating morning losses and closing near high of the day. Internals of the market improved and is looking healthy. Since we are near term oversold, there is a very good chance that we close green on Wednesday. Fed statement will be supportive of  positive move in TAPE also.

BLOG does NOT give buy or sell.

Saleem