Indices closed down .19% to .29%......

Indices closed down.

S&P 500 @ 2170.95, low 2161.35, high 2173.79

RSI @ 50.06

CMF @ 0.125

Internals were :

Down volume led by 1.66 to 1 in NYSE & 1.39 to 1 in Nasdaq

Declining stocks led by 1.69 to 1 in NYSE & 1.73 to 1 in Nasdaq

Net new 52 wk highs were leading by 100 in NYSE & 82 in Nasdaq

VIX UP 2.29% @ 13.42

Oil @ $44.70

Gold @ $1311.40

AH ER...CRM Down 6.76%, CTRP Down 2.31%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE continued its discounting process for higher interest rates by closing lower. We may have completed this process already today. Market will look ahead of jobs report. We may be looking @ buy the news now. Strong stocks should outperform in snapback. Stay diversified and show conviction and patience.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed