Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2097.05, low 2088.66, high 2103.48

RSI @ 60.55

CMF @ 0.068

Internals were :

UP volume led by 1.13 to 1 in NYSE & 1.83 to 1 in Nasdaq

Advancing stocks led by 1.18 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new 52 wk highs were leading by 110 in NYSE & 59 in Nasdaq

VIX UP 8.16% @ 14.19

Oil @ $49.10

Gold @ $1214.80

Stocks which closed UP 1% or more included TWTR
NXPI SPLK SPWR AMZN GG SLW AEM TCK
NTES LNKD MSFT SINA FFIV CHK SWN
TK SSYS WB BABA YELP MU CIEN
M DATA CSOD.....

AH ER...WDAY Down 2.25%, NILE UP 2.2%

AH Futures Mixed

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE was under pressure from strong consumer spending and British potential exit from EU, but by close market were @ upper end of trading range. Internals were strong all over. Internal strength of the TAPE was evident even @ low of the day.Diversified portfolios are working better as sectors rotate on a daily basis. Internal strength may take this TAPE to new all time highs in short order.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed