Monday, 26 October 2015

Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2071.18, low 2066.53, high 2075.14

RSI @ 65.97

CMF @ 0.391

Internals were :

Down volume led by 1.94 to 1 in NYSE & 1.21 to 1 in Nasdaq

Declining stocks led by 1.65 to 1 in NYSE & 1.50 to 1 in Nasdaq

Net new 52 wk highs were leading by 8 in NYSE & by 40 in Nasdaq

VIX UP 5.74% @ 15.29

Oil @ $43.98

Gold @ $1166.20

AH ER...IDTI UP 12.6%, CAKE Down 5.75%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was mixed despite housing weakness & apple suppliers slump, Nasdaq still managed to close green. All eyes will be on AAPL earnings report after close which may set the tone for Nasdaq trading. Market is holding up pretty good even after a huge run, it is important to book gain ASAP @ these lofty levels.

BLOG does NOT give buy or sell.

Saleem

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