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
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