Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2388.33, high 2394.49, low 2384.83

RSI @ 62.05

CMF @ -0.050

Internals were :

UP volume led by 1.02 to 1 in NYSE & 1.76 to 1 in Nasdaq

Advancing stocks led by 1.32 to 1 in NYSE & 1.37 to 1 in Nasdaq

Net new 52 wk highs were leading by 144 in NYSE & 145 in Nasdaq

VIX Down 6.56% @ 10.11

Oil @ $48.84

Gold @ $1255.50

Stocks which were UP 2% or more included AMD OCLR
TWTR FNSR AMZN NVDA MU AAPL NFLX VRX
CTRP TSLA EXPE WYNN LRCX CNX.....

AMD reported an in-line quarter, guiding higher for Q2,
Margin for Q2 1% lower than Q1. 
Sold 25% @ $12.55 in AH.

AH ER....HLIT Down 18.97%, AMD Down 11.16%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, Nasdaq made a new all time high. AAPL reporting AH on Tuesday, many are getting excited about its report on services revenue. Earnings generally has been good, Nasdaq poised for more gains. S&P 500 ready to make a new all time high. When faced with bad earnings report, it is important to evaluate its prospect, depending on strategy, it may require different approach, like sell / partial sell / add more.

BLOG does NOT give buy or sell.

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