Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2389.52, high 2391.43, low 2380.35

RSI @ 61.74

CMF @ 0.039

Internals were :

Down volume led by 1.81 to 1 in NYSE & 1.26 to 1 in Nasdaq

Declining stocks led by 1.78 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 40 in NYSE & 55 in Nasdaq

VIX Down 2.06% @ 10.46

Oil @ $45.52

Gold @ $1228.60

AH ER :

PI         Down 11.47%

SWIR       UP 14.92%

OLED      UP 15.75%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE ended mixed but S&P 500 and Nasdaq closed green. Some Key Nasdaq leaders digested their gains like FB while others continued their run to new highs like GOOG & NFLX. Internals were weak as market takes a breather. Technically we stood our ground while oil took a major beating. It is all about jobs report, strong or weak, we should move higher.There is only a closing BLOG around 7 PM on Friday's.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed