19:21
Unknown
Indices closed mixed after being down on Fed minutes.
S&P 500 @ 1986.51, high 1988.57, low 1977.68
RSI @ 62.99
CMF @ 0.050
Internals were :
UP volume led by 2.12 to 1 in NYSE & 1.17 to 1 in Nasdaq
Advancing stocks led by 1.06 to 1 in NYSE & .60 to 1 in Nasdaq
Net new 52 wk highs were leading by 122 in NYSE & 35 in Nasdaq
VIX Down 3.52% @ 11.78
Oil @ $96.07
Gold @ $1295.20
AH ER ...WUBA UP 1.21%, HPQ Down .91%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE handled Fed hawkish comments well & closed mostly green, internals were mostly positive. HSBC Chinese Flash PMI came in @ 3 month low in August @ 50.3% vs expectations of 51.3%, this may put pressure on Stocks with Chinese market exposure, this slowdown was not expected, which is not a good thing. This may present some buying opportunities in some stocks which can be impacted in collateral damage.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1986.51, high 1988.57, low 1977.68
RSI @ 62.99
CMF @ 0.050
Internals were :
UP volume led by 2.12 to 1 in NYSE & 1.17 to 1 in Nasdaq
Advancing stocks led by 1.06 to 1 in NYSE & .60 to 1 in Nasdaq
Net new 52 wk highs were leading by 122 in NYSE & 35 in Nasdaq
VIX Down 3.52% @ 11.78
Oil @ $96.07
Gold @ $1295.20
AH ER ...WUBA UP 1.21%, HPQ Down .91%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE handled Fed hawkish comments well & closed mostly green, internals were mostly positive. HSBC Chinese Flash PMI came in @ 3 month low in August @ 50.3% vs expectations of 51.3%, this may put pressure on Stocks with Chinese market exposure, this slowdown was not expected, which is not a good thing. This may present some buying opportunities in some stocks which can be impacted in collateral damage.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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