Indices closed mixed.
S&P 500 @ 2186.15, low 2179.07, high 2187.87
RSI @ 58.35
CMF @ 0.212
Internals were :
UP volume led by 1.58 to 1 in NYSE & 1.40 to 1 in Nasdaq
Advancing stocks led by 1.68 to 1 in NYSE & 1.52 to 1 in Nasdaq
Net new 52 wk highs were leading by 241 in NYSE & 196 in Nasdaq
VIX Down .67% @ 11.94
Oil @ $45.50
Gold @ $1349.20
Stocks which were UP 1% or more included CMG JCP VRX
UA KORS COH PANW FB EGO OLED LEN TK SWN
AAL SLW WYNN TRIP......
AH....PIR Down 9.37%
AH Futures Down
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE ignored hawkish comment from 2 fed officials and closed near high of the day. Nasdaq scored a new all time high close, its 4 day straight gain. Internals were strong. Rotation is going on in this market on a weekly basis, which is a sign of a strong bull market. S&P 500 is next in line to new all time highs followed by Dow.
BLOG does NOT give buy or sell.
Saleem
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