20:09
Unknown
It was Germany which caused economic explosion in markets. US markets fought its way to minor negative close.
S&P 500 @ 1933.75, low 1928.29, high 1939.65
RSI @ 44.13
CMF @ -0.043
Internals were :
Down volume led by 1.77 to 1 in NYSE & 2.04 to 1 in Nasdaq
Declining stocks led by 1.46 to 1 in NYSE & 2.18 to 1 in Nasdaq
Net new 52 wk highs were leading by 16 in NYSE & lows by 10
VIX Down .70% @ 14.13
Oil @ $97.37
Gold @ $1310.60
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was resilient despite going UP for two days and barely down for the day. Economic reports from Germany was extremely troubling and does not bode well for European economies in near future. US is the only safe haven these days for equities. Stay the course we are heading north in short order.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1933.75, low 1928.29, high 1939.65
RSI @ 44.13
CMF @ -0.043
Internals were :
Down volume led by 1.77 to 1 in NYSE & 2.04 to 1 in Nasdaq
Declining stocks led by 1.46 to 1 in NYSE & 2.18 to 1 in Nasdaq
Net new 52 wk highs were leading by 16 in NYSE & lows by 10
VIX Down .70% @ 14.13
Oil @ $97.37
Gold @ $1310.60
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was resilient despite going UP for two days and barely down for the day. Economic reports from Germany was extremely troubling and does not bode well for European economies in near future. US is the only safe haven these days for equities. Stay the course we are heading north in short order.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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