Indices closed mixed.....

Indices closed mixed.....

S&P 500 @ 2108.63, high 2110.48, low 2094.97

RSI 53.38

CMF @ 0.112

Internals were :

UP volume led by .77 to 1 in NYSE & 1.19 to 1 in Nasdaq

Advancing stocks led by 1.04 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 10 in NYSE & lows by 14 in Nasdaq

VIX Down 2.96% @ 12.13

Oil @ $48.52

Gold @ $1088.70

AH ER... LNKD Down 4.80%, FEYE Down 5.42%
                EXPE UP 8.49%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE showed its strength by closing mixed after two days of big gains, internals improved further. Reaction to similar earnings are treated totally different, why is it that way this Q, only gods of this market know. I expect TAPE to make further progress in a selective manner. Taking profit quickly is a good strategy.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed