Indices reversed & closed @ low of the day.
S&P 500 @ 1969.95, high 1984.85
RSI @ 51.20
CMF @ 0.134
Internals were :
Down volume led by 2.04 to 1 in NYSE & .89 to 1 in Nasdaq
Declining stocks led by 1.52 to 1 in NYSE & .96 to 1 in Nasdaq
Net new 52 wk highs were leading by 50 in NYSE & 5 in Nasdaq
VIX UP 5.73% @ 13.28
Oil @ $100.97
Gold @ $1298.30
Stocks which closed green today included MU
YELP TWTR EXPE LNKD TSLA PCLN MRVL
LVS SINA DNKN EBAY FFIV INVN YNDX SNDK
BRCM AMCC GMCR SPLK SBUX DATA CSOD WLT
WYNN AGU
AH ER...BWLD Down 10.65%, TWTR UP 28.45%
AH Futures UP
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE was under "political sanction pressure plus Gaza fighting". TAPE started green & fought selling but in the end we closed @ low of the day. This negative action will propel this market higher once peace comes to Gaza & non-impact of sanctions are evident". We are building a nice base & making higher lows, so no real technical damage done so far.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1969.95, high 1984.85
RSI @ 51.20
CMF @ 0.134
Internals were :
Down volume led by 2.04 to 1 in NYSE & .89 to 1 in Nasdaq
Declining stocks led by 1.52 to 1 in NYSE & .96 to 1 in Nasdaq
Net new 52 wk highs were leading by 50 in NYSE & 5 in Nasdaq
VIX UP 5.73% @ 13.28
Oil @ $100.97
Gold @ $1298.30
Stocks which closed green today included MU
YELP TWTR EXPE LNKD TSLA PCLN MRVL
LVS SINA DNKN EBAY FFIV INVN YNDX SNDK
BRCM AMCC GMCR SPLK SBUX DATA CSOD WLT
WYNN AGU
AH ER...BWLD Down 10.65%, TWTR UP 28.45%
AH Futures UP
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE was under "political sanction pressure plus Gaza fighting". TAPE started green & fought selling but in the end we closed @ low of the day. This negative action will propel this market higher once peace comes to Gaza & non-impact of sanctions are evident". We are building a nice base & making higher lows, so no real technical damage done so far.
BLOG does NOT give buy or sell.
Saleem
20:06
Unknown
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