Wednesday, July 5, 2017

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2432.54, high 2434.90, low 2422.05

RSI @ 53.26

CMF 0.144

Internals were :

Down volume led by 1.80 to 1 in NYSE & .58 to 1 in Nasdaq

Declining Stocks led by 1.59 to 1 in NYSE & 1.29 to 1 in Nasdaq

Net new 52 wk highs were leading by 67 in NYSE & 27 in Nasdaq

VIX Down 1.34% @ 11.07

Oil @ $45.13

Gold @ $1221.70

Stocks which were UP 1% or more include BIDU FB MOMO SWIR
VRX MCHP AMD IAG GOOG AMZN SWKS QRVO NVDA MU 
BABA OLED CY ABX MA MSFT EXPE PCLN MRVL WYNN
MLNX MS SHOP AAL LRCX.....

AH News....GWPH UP 4.51%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed mixed as Dow rested and Nasdaq picked up the slack. Nasdaq internals were mixed which is not convincing. Internals were mostly negative. Fed minutes did not impact market one way or another. Nasdaq had the feel of a much needed oversold bounce.

BLOG does NOT give buy or sell.

Saleem

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