18:55
Unknown
TAPE was under selling pressure @ open but managed to close mixed.
S&P 500 @ 1961.63, low 1951.37, high 1964.64
RSI @ 55.15
CMF @ -0.019
Internals were :
Down volume led by 1.92 to 1 in NYSE & .87 to 1 in Nasdaq
Declining stocks led by 1.33 to 1 in NYSE & 1.12 to 1 in Nasdaq
Net new 52 wk highs were leading by 45 in NYSE & lows by 22 in Nasdaq
VIX Down .43% @ 16.04
Oil @ $81.00
Gold @ $1229.30
AH ER...BWLD UP 6.34%, TWTR Down 11.06%
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE showed resiliency after initial selling pressure, there are many buyers waiting for any weakness. Germany continues to give poor economic data, that puts selling pressure on world equities. NYC child has tested negative for ebola which should give a boost to markets on Tuesday. Buying on weakness in desirable stocks may work eventually, need to be very stock specific.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1961.63, low 1951.37, high 1964.64
RSI @ 55.15
CMF @ -0.019
Internals were :
Down volume led by 1.92 to 1 in NYSE & .87 to 1 in Nasdaq
Declining stocks led by 1.33 to 1 in NYSE & 1.12 to 1 in Nasdaq
Net new 52 wk highs were leading by 45 in NYSE & lows by 22 in Nasdaq
VIX Down .43% @ 16.04
Oil @ $81.00
Gold @ $1229.30
AH ER...BWLD UP 6.34%, TWTR Down 11.06%
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE showed resiliency after initial selling pressure, there are many buyers waiting for any weakness. Germany continues to give poor economic data, that puts selling pressure on world equities. NYC child has tested negative for ebola which should give a boost to markets on Tuesday. Buying on weakness in desirable stocks may work eventually, need to be very stock specific.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
0 comments:
Post a Comment