Indices closed UP .16% to .72%....NICE !!!!

Indices closed UP.

S&P 500 @ 2569.13, high 2572.18, low 2565.58

RSI @ 71.25

CMF @ 0.405

Internals were :

UP volume led by 1.37 to 1 in NYSE & 1.35 to 1 in Nasdaq

Advancing stocks led by 1.17 to 1 in NYSE & 1.03 to 1 in Nasdaq

Net new 52 wk highs were leading by 144 in NYSE & 80 in Nasdaq

VIX UP ,81% @ 11.16

Oil @ $52.47

Gold @ $1278.30

Stocks which were UP 1% or more included AMD SHOP
NFLX NVDA NTES OCLR BAC TECK FCX JKS
COH LEN QRVO CSIQ CHK RIG GS MLNX
AGU MGA ORCL SPLK KBH CMG AAL
X CNX......

AMD reported a beat and guide UP :

Q3 Sales actual $1.64 billion, expected $1.51 billion

Q3 EPS actual 10 cents, expected 8 cents

Guiding Q4 Sales $ 1.397 billion, expected $1.34 billion

Guiding 2017 Sales 20%+++ previous guidance Mid to High teens

All this beat & guide UP resulted in stock being down 11.02%???

AH ER...AKAM UP 11.06%, CMG Down 9.35%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE behaved the best for DOW, it closed @ new all time high. Nasdaq behaved the worst, it closed near low of the day, S&P 500 closed in mid range, real mixed performance by different indices. Internals were barely positive. TAPE has become highly unpredictable. Ensure your comfort level is very high in this sluggish environment.

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