Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2439.07, high 2450.42, low 2437.03

RSI @ 59.11

CMF @ 0.267

Internals were :

UP volume led by 2.32 to 1 in NYSE & 1.31 to 1 in Nasdaq

Advancing stocks led by 1.90 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new 52 wk highs were leading by 140 in NYSE & 152 in Nasdaq

VIX Down 1.20% @ 9.90

Oil @ $43.38

Gold @ $1246.40

Stocks which were UP 1% or more included BBRY
VRX MU CY UA COH CHK LNG GS COH 
MGA ULTA KBH OPK CNX....

AH ER...WDC Down 2.16%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was mixed with Nasdaq being lower, internals were strong. Indices closed near low of the day. Many stocks are bucking the trend like VRX, BBRY, LULU & MU to name a few. SOX continues its downtrend, weak stocks were QRVO,SWKS & LRCX. FAANG were weak. Blame goes to weak economic data in US.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed