Indices closed down .05% to .42%.....

Indices closed down.

S&P 500 @ 2168.48, low 2161.95, high 2173.71

RSI @ 63.16

CMF @ .370

Internals were :

Down volume led by 1.94 to 1 in NYSE & .85 to 1 in Nasdaq

Declining stocks led by 1.69 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 169 in NYSE & 93 in Nasdaq

VIX UP 7.07% @ 12.87

Oil @ $43.13

Gold @ $1319.50

AH ER..LVS UP 4.5%, TXN UP 6.16%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE sold off on oil's weakness. Nasdaq fought back to an almost breakeven close, which defines strength.Fed starts its monthly meeting on Tuesday with an statement on Wednesday @ 2 PM, too much focus on statement nuances. AAPL AH will set the tone for smartphone industry, TXN tonight had an outstanding earnings report, that gave lift to some semiconductor stocks in AH. Weakness to be bought for a sharp upturn.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed