Indices closed down.
S&P 500 @ 2161.20, low 2154.77, high 2164.41
RSI @ 50.33
CMF @ 0.047
Internals were :
Down volume led by 1.52 to 1 in NYSE & 1.03 to 1 in Nasdaq
Declining stocks led by 1.40 to 1 in NYSE & 1.40 to 1 in Nasdaq ( not a typo)
Net new 52 wk highs were leading by 58 in NYSE & 50 in Nasdaq
VIX UP 2.11% @ 13.57
Oil @ $48.81
Gold @ $1312.70
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE rested today to sift through weak & better economic data in US. Fed interest rate policy remains in focus as job report looms.Hopefully we build our momentum from turnaround Tuesday into Friday's another end all and be all, jobs report. Stay with high comfort stocks, Google announces its phone on Tuesday, to capitalize on apps and search business, Android operating system leads the cell phone world by a mile.
BLOG does NOT give buy or sell.
Saleem
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