Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2813.36, low 2805.85, high 2825.83

RSI @ 56.60

CMF @ 0.173

Internals were :

Down volume led by 1.86 to 1 in NYSE & 1.18 to 1 in Nasdaq

Declining stocks led by 1.77 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk high were leading by 11 in NYSE & lows by 25 in Nasdaq

VIX UP 2.49% @ 13.15

Oil @ $67.66

Gold @ $1227.60

AH news....RUBI UP 13.31%, WYNN Down 3.66%

                   TRIP Down 10.32%, TSLA UP 9.36%

SQ reported a beat in Sales and EPS as follows :

Sales Q 2 actual $385 million beat by $17.41 million

EPS Q3 actual 13 cents beat by 1 cent

Guiding higher Q 3 Sales @ $407 million to $412 million vs expectations of $4384.51 million

EPS Q 3 guiding below 8 cents to 10 cents vs expectations of 13 cents

Stocks closed down 1.06% AH

Expecting many analysts upgrades before open.....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was under pressure again as US threatening to impose higher duties on all Chinese imports. Nasdaq bucked the trend with green close. Earnings were mixed and reaction different from AH, AAPL gave a nice lift to Nasdaq with its beat in earnings. Fed remained on the sidelines with notations that US economy is doing well, means rate hike in September.

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