Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2427.43, high 2432.00, low 2422.27

RSI @ 51.12

CMF @ 0.111

Internals were :

UP volume led by 1.28 to 1 in NYSE & 1.15 to 1 in Nasdaq

Advancing stocks led by 1.05 to 1 in NYSE & .68 to 1 in Nasdaq

Net new 52 wk highs were leading by 68 in NYSE & lows by 11 in Nasdaq

VIX Down .71% @ 11.11

Oil @ $44.40

Gold @ $1213.20

AH News....ARNA UP 41.33%, VECO UP @ 10.48%
                  CUDA Down 5%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed mixed but Nasdaq was strong. Nasdaq closed above 50 DMA, it needs to stay above this important technical level. Internals were mixed. FAANG and Chinese stocks were mostly higher.Upcoming banks earning is putting pressure on Dow which closed negative. Stay with your high comfort level stocks, they always come in vogue.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed