Wednesday, 9 October 2013

Indices closed mixed.....

Indices closed mixed as traders did some buying near lows.


S&P 500 @ 1656.40, low 1646.47


RSI @ 39.63


CMF @ -0.066


Internals were :


Down volume led by .89 to 1 in NYSE & 2.22 to 1 in Nasdaq


Declining stocks led by 1.05 to 1 in NYSE & 1.33 to 1 in Nasdaq


Net new 52 wk lows were leading by 58 in NYSE & 22 in Nasdaq


VIX Down 3.64% @ 19.60


Oil @ $101.61


Gold @ $1307.20


Stocks which closed green included MU YHOO

YY GOOG LULU NTES QIHU AAPL SU

SINA CMG LVS COH KORS MA V

SNDK C X MGA TRLA Z GS

WYNN RALY......


AH ER RT Down 13.64%


AH Futures UP


AH Asian Markets Mixed


AH Oil UP


AH Gold Down


About market, Finally there is some movement by politicians, hopefully government can open & Debt limit raised. @ its low S&P 500 was down 4.82%. We may see spirited buying in anticipation of deal in Thursday's meeting.


BLOG does NOT give buy or sell.


Saleem

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