Wednesday, September 20, 2017

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2508.24, high 2508.85, low 2496.67

RSI @ 67.55

CMF @ 0.295

Internals were :

UP volume led by 1.41 to 1 in NYSE & 1.15 to 1 in Nasdaq

Advancing stocks led by 1.26 to 1 in NYSE & 1.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 184 in NYSE & 167 in Nasdaq

VIX Down 3.93% @ 9.78

Oil @ $50.41

Gold @ $1316.40

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Unchanged

AH Gold Down

About market, TAPE closed mixed with Nasdaq down, Dow & S&P 500 made another new all time close.Internals were positive. AMD traded 102 million share vs average of 71 million on design win from TSLA for AI chip, AMD was UP 11%+ today. NVDA was down 4.3% on average volume.Fed statement and Q&A placed the market where it was before 2 PM, Fed managed balance sheet reversal with clarity and comforted the market.

BLOG does NOT give buy or sell.

Saleem

No comments: