Indices closed down .03% to .24%.....

Indices closed down.

S&P 500 @ 2353.78, low 2337.25, high 2355.22

RSI @ 48.51

CMF @ -0.020

Internals were :

UP volume led by 1.27 to 1 in NYSE & .67 to 1 in Nasdaq

Advancing stocks led by 1.61 to 1 in NYSE & 1.29 to 1 in Nasdaq

Net new 52 wk highs were leading by 82 in NYSE & 27 in Nasdaq

VIX UP 7.26% @ 15.07.... high today 15.88

Oil @ $53.40

Gold @ $1274.20

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was weak from open and all major indices including Nasdaq went below 50 DMA, but by close buying kicked in and all indices closed above 50 DMA. There is uncertainty due to Syria and North Korea, this may be a hangover until there is a resolution. Buying the dip, still works. Semiconductor stocks are showing weakness along with other sectors, only Gold & Oil were in green. Waiting out this weakness is a good option.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed