Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2170.86, low 2157.09, high 2173.56

RSI @ 50.01

CMF @ 0.154

Internals were :

Down volume led by 1.24 to 1 in NYSE & .72 to 1 in Nasdaq

Declining stocks led by 1.10 to 1 in NYSE & .87 to 1 in Nasdaq

Net new 52 wk highs were leading by 84 in NYSE & 82 in Nasdaq

VIX UP .45% @ 13.48

Oil @ $43.16

Gold @ $1317.10

Stocks which were UP 1% or more included GG
NTES KORS BIDU CTRP PANW EGO ABX
KGC LVS SINA EXPE MA FEYE YELP
WB TWTR FSLR SPWR AMCC CIEN
LRCX PANW TCK SLW AEM 
CRUS CSOD WYNN...

AH ER...AMBA Down 2.83%, LULU Down 9.08%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE showed resiliency by closing near high of the day. Internals were mixed. Oil continued its slump but gold got a bid. Friday is all about jobs report 188K is what is expected, based on recent trend, it can exceed expectations, but after strong report comes weak number, thus its a crap shoot. IF we exceed then interest rate hike is firmed up, but IF its @ or below expectations, then hike is delayed. Market wants to rally no matter what either buy the news or celebrate weakness. There is a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed