19:17
Unknown
Indices closed lower after hitting new all time highs in Dow & S&P 500.
S&P 500 @ 1888.77, low 1882.65, high 1893.80
RSI @ 61.73
CMF @ 0.063
Internals were :
Down volume led by 1.35 to 1 in NYSE & 2.10 to 1 in Nasdaq
Declining stocks led by 1.44 to 1 in NYSE & 2.40 to 1 in Nasdaq
Net new 52 wk highs were leading by 141 in NYSE & 76 in Nasdaq
VIX UP 2.14% @ 13.37
Oil @ $100.29
Gold @ $1284.60
In my portfolio :
Sold EGO @ $5.74
Bought LULU @ $53.75
Portfolio WUBA LULU MU RAD
AH ER MU UP 1.46%
AH Futures UP
AH Asian Markets Down
AH Oil & Gold UP
About market, It is all about jobs growth, expectations are 200K, my guess that we may see 225K job growth which will get this market going UP. High beta stocks took it on the chin again sporting 5 to 8% losses. Beside high beta stocks other sectors held up reasonably well. New highs were more than OK.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1888.77, low 1882.65, high 1893.80
RSI @ 61.73
CMF @ 0.063
Internals were :
Down volume led by 1.35 to 1 in NYSE & 2.10 to 1 in Nasdaq
Declining stocks led by 1.44 to 1 in NYSE & 2.40 to 1 in Nasdaq
Net new 52 wk highs were leading by 141 in NYSE & 76 in Nasdaq
VIX UP 2.14% @ 13.37
Oil @ $100.29
Gold @ $1284.60
In my portfolio :
Sold EGO @ $5.74
Bought LULU @ $53.75
Portfolio WUBA LULU MU RAD
AH ER MU UP 1.46%
AH Futures UP
AH Asian Markets Down
AH Oil & Gold UP
About market, It is all about jobs growth, expectations are 200K, my guess that we may see 225K job growth which will get this market going UP. High beta stocks took it on the chin again sporting 5 to 8% losses. Beside high beta stocks other sectors held up reasonably well. New highs were more than OK.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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