18:48
Unknown
Indices were under mild selling pressure and closed mixed.
S&P 500 @ 2012.10, low 2001.01, high 2015.98
RSI @ 63.37
CMF @ 0.179
Internals were :
Down volume led by 1.98 to 1 in NYSE & 1.22 to 1 in Nasdaq
Declining stocks led by 1.48 to 1 in NYSE & 1.38 to 1 in Nasdaq
Net new 52 wk highs were leading by 127 in NYSE & by 35 in Nasdaq
VIX UP 1.09% @ 14.89
Oil @ $77.19
Gold @ $1167.70
AH ER... TRIP Down 11.56%, FEYE Down 20.29%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE continuing its digestive phase. Internals have gone weaker.Many earnings report were surprisingly bad like AKS, KORS & PCLN. Follow a disciplined approach and show conviction. TAPE has become very erratic and only few boats are being lifted.
BLOG does NOT give buy or sell.
PS...i will be away during the day, so there will be only a closing BLOG.
Saleem
S&P 500 @ 2012.10, low 2001.01, high 2015.98
RSI @ 63.37
CMF @ 0.179
Internals were :
Down volume led by 1.98 to 1 in NYSE & 1.22 to 1 in Nasdaq
Declining stocks led by 1.48 to 1 in NYSE & 1.38 to 1 in Nasdaq
Net new 52 wk highs were leading by 127 in NYSE & by 35 in Nasdaq
VIX UP 1.09% @ 14.89
Oil @ $77.19
Gold @ $1167.70
AH ER... TRIP Down 11.56%, FEYE Down 20.29%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE continuing its digestive phase. Internals have gone weaker.Many earnings report were surprisingly bad like AKS, KORS & PCLN. Follow a disciplined approach and show conviction. TAPE has become very erratic and only few boats are being lifted.
BLOG does NOT give buy or sell.
PS...i will be away during the day, so there will be only a closing BLOG.
Saleem
Posted in: Mixed
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