Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2112.13, high 2119.22, low 2110.18

RSI @ 63.91

CMF @ 0.168

Internals were :

UP volume led by 1.61 to 1 in NYSE & 1.33 to 1 in Nasdaq

Advancing stocks led by 1.67 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 220 in NYSE & 85 in Nasdaq

VIX UP 2.93% @ 14.05

Oil @ $50.36

Gold @ $1244.40

In my portfolio :

Sold CNQ @ $31.28

Added 55% TWTR @ $15.00

Stocks which closed green included JKS JCP UA CNQ
LNG NXPI SPLK PCLN AAPL QRVO LVS COH 
CTSH LEN TSLA EXPE SU EBAY FFIV CHK
RIG LNG FSLR MU CIEN AAL LRCX 
ZG CRUS MGA WYNN AGU
MLNX......

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE continued its higher run for 2016. By close indices closed near low of the day, TAPE seems tired and may need time to digest recent gains. VIX stubbornly have been staying positive for two days, may be signalling a mini pullback. Important to book gains or risk losing it. Look @ RSI for selling and buying @ this stage.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed