Indices closed down .15% to .21%.....

Indices closed down.

S&P 500 @ 2087.79, low 2077.52, high 2089.37

RSI @ 61.41

CMF @ 0.146

Internals were :

Down volume led by 3.07 to 1 in NYSE & 1.78 to 1 in Nasdaq

Declining stocks led by 2.04 to 1 in NYSE & 1.71 to 1 in Nasdaq

Net new 52 wk highs were leading by 32 in NYSE & 20 in Nasdaq

VIX UP 6.51% @ 14.08

Oil @ $42.64

Gold @ $1240.20

AH News....CNI Down 5.29%, CTRP Down 11.48%
                    SANM UP 8.33%

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE is in digestive mode of tremendous gains, Nasdaq has been down 3 day's in a row. Internals of market was mixed which is a good thing. Tuesday after hours AAPL is reporting, again reaction will be based on results and guidance, Many famous stocks are facing selling prior to earnings, how far they fall may create a cushion IF they disappoint. Selling was orderly today and Tuesday may not be any different due to earnings after hours or Fed meeting handicapping.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed