Indices closed down .19% to .64%......

Indices closed near low of the day.

S&P 500 @ 2096.92, low 2094.14, high 2103.47

RSI @ 50.86

CMF @ 0.046

Internals were :

Down volume led by 1.58 to 1 in NYSE & 2.95 to 1 in Nasdaq

Declining stocks led by 1.85 to 1 in NYSE & 2.12 to 1 in Nasdaq

Net new 52 wk lows were leading by 76 in NYSE & 33 in Nasdaq

VIX UP 5.91% @ 13.79%

Oil 2 $42.62

Gold @ $1116.90

AH ER...CRUS Down 1.83%, CSIQ Down 10.09%
                ADI UP 7.10%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE is in a yo yo mode, UP day followed by Down day, Nasdaq is below 50 DMA again, S&P 500 showed relative strength and closed above 50 DMA. Wednesday @ 2 PM is Fed minutes day, which may bring its own volatility. Option expiry played a role today and may continue to do so this week.Stay the course with better performing stocks, no sense trying to outsmart this market or any other market.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed