Indices closed down .26% to .37%......

Indices closed down.

S&P 500 @ 2263.69, 2258.41, high 2274.33

RSI @ 54.29

CMF @ 0.133

Internals were :

Down volume led by 2.42 to 1 in NYSE & 1.87 to 1 in Nasdaq

Declining stocks led by 2.99 to 1 in NYSE & 2.55 to 1 in Nasdaq

Net new 52 wk highs were leading by 60 in NYSE & 53 in Nasdaq

VIX UP 2.40% @ 12.78

Oil @ $51.37

Gold @ $1201.50

AH news....SWKS UP 7.57%, IBM Down 2.21%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under inauguration jitters, indices managed to close above lows of the day. Internals were weak. Friday may be low volume day, as everyone will be glued to live feed from DC. SWKS earning report is a good one with strong buyback. Hopefully Nasdaq will show strength for Friday.There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed