Indices closed down .53% to .73%....

Indices closed down.

S&P 500 @ 2381.92, low 2380.17, high 2394.75

RSI @ 72.11

CMF @ 0.447

Internals were :

Down volume led by 2.21 to 1 in NYSE & 2.16 to 1 in Nasdaq

Declining stocks led by 2.85 to 1 in NYSE & 2.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 103 in Nasdaq

VIX Down 5.82% @ 11.81

Oil @ $52.61

Gold @ $1232.90

In my portfolio :

Trimmed TECK @ $20.34

Bought OCLR @ $8.90

AH ER....NTNX Down 13.88%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was weak and closed @ low of the day, reason for weakness was profit taking,  lower oil, and strong US$. This pullback is a normal pattern in a strong bull market. Being diversified in many sectors is a good strategy. We should get back on track of going higher on Friday.There is only a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed