Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2083.39, low 2078.26, high 2092.93

RSI @ 46.21

CMF @ -0.001

Internals were :

Down volume led by 1.83 to 1 in NYSE & 1.37 to 1 in Nasdaq

Declining stocks led by 1.51 to 1 in NYSE & 1.30 to 1 in Nasdaq

Net new 52 wk lows were leading by 59 in NYSE & 28 in Nasdaq

VIX Down .88% @ 13.49

Oil @ $42.23

Gold @ $1115.60

AH ER...NWS Down 7.1%, LOCO Down 14.05%
               YY UP 2.96%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was erratic, UP DOWN  & finally MIXED close. We are in deep vacation month of August and TAPE is easy to go in any direction. Some stocks are bucking this malaise and that is where the strength lies. Mark time with a portfolio of strong stocks and let it breathe, market will do what it wants to do.

BLOG does NOT give buy or sell.

Saleem

             

Posted in: Mixed