Indices closed down .66% to .79%.....

Indices closed down.

S&P 500@ 2077.07, low 2066.78, high 2090.42

RSI @ 51.43

CMF @ -0.117

Internals were :

Down volume led by 4.45 to 1 in NYSE & 2.72 to 1 in Nasdaq

Declining stocks led by 4.06 to 1 in NYSE & 3.35 to 1 in Nasdaq

Net new 52 wk lows were leading by 298 in NYSE & by 128 in Nasdaq

VIX UP 6.95% @ 15.84

Oil @ $37.65

Gold @ $1075.20

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE was dislodged from its strong finish on Friday on record low oil, oil is key barometer of worldwide economic growth & health, its new 6.5 year low is quite a surprise. Majority of stocks were sold off today irrespective of their fundamental or technical pattern. All i can suggest is move to stronger stocks on lower price and sell laggards.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed