18:03
Unknown
S&P 500 @ 2059.74, low 2057.46, high 2067.92
RSI @ 67.58
CMF @ 0.328
Internals were :
UP volume led by 1.01 to 1 in NYSE & 1.08 to 1 in Nasdaq
Advancing stocks led by 1.23 to 1 in NYSE & .97 to 1 in Nasdaq
Net new 52 wk highs were leading by 163 in NYSE & 40 in Nasdaq
VIX UP 2.88% @ 13.95
Oil @ $38.34
Gold @ $1235.60
AH ER....VJET UP 7.05%
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE mixed close is not reflected in internals, which were mostly positive. Friday is about jobs report which has been strong, i expect the numbers to exceed expectations of 190K. Strong US jobs picture is a reflection of improving economy. TAPE rested today for another move higher, slow & steady is a very positive sign for bulls. There is no panic for any economic report, its business as usual.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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