Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2459.14, low 2457.16, high 2462.82

RSI @ 62.38

CMF @ -0.030

Internals were :

UP volume led by 1.34 to 1 in NYSE & .91 to 1 in Nasdaq

Advancing stocks led by 1.29 to 1 in NYSE & 1.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 148 in NYSE & 102 in Nasdaq

VIX UP 3.26% @ 9.82

Oil @ $46.02

Gold @ $1233.70

AH ER...NFLX UP 10.69%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was mostly flattish, NFLX earnings tonight is extremely positive. Tonight reports are that GOP healthcare bill is in trouble, thus futures are down. CMF is negative in S&P 500 and Dow, they have been trending down for a while, not a good development for equities. Nasdaq is still positive in money flow. Booking profit may not be a bad idea, go to low RSI stocks in same sector.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed