Indices closed mixed......

Indices closed mixed.

S&P 500 @ 1923.82, high 1927.21, low 1900.70

RSI @ 43.61

CMF @ -0.025

Internals were :

Down volume led by .92 to 1 in NYSE & 1.14 to 1 in Nasdaq

Declining stocks led by 1.04 to 1 in NYSE & 1.45 to 1 in Nasdaq

Net new 52 wk lows were leading by 154 in NYSE & 163 in Nasdaq

VIX Down 7.96% @ 22.55

Oil @ $44.74

Gold @ $1113.70

AH ER..MU UP 6.97%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was extremely erratic, first UP then Down and then closing mostly green. Technically we have confirmation of this recovery from S&P 500 & Nasdaq. Also we made higher highs today, all in all a good day for this TAPE. Its all about jobs data, as we have some kind of momentum now, it may propel us higher.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed