Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2182.64, low 2175.96, high 2185.15

RSI @ 58.62

CMF @ 0.266

Internals were :

UP volume led by .58 to 1 in NYSE & 1.18 to 1 in Nasdaq

Advancing stocks led by 1.01 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new 52 wk highs were leading by 95 in NYSE & 92 in Nasdaq

VIX UP 8.20% @ 12.27

Oil @ $47.05

Gold @ $1343.40

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under pressure due to upcoming speech by Janet Yellen on Friday, Fed does NOT announce policy matters @ Jackson Hole type of get together, any weakness due to this is a buying opportunity. Nasdaq the strongest indices was in green most of the day and closed green. Interesting to see rotation in this TAPE, thus a diversified portfolio of opportunistic stocks works.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed