Indices closed mixed.
S&P 500 @ 2470.30, low 2468.53, high 2477.96
RSI @ 61.48
CMF @ 0.231
Internals were :
UP volume led by 1.23 to 1 in NYSE & .65 to 1 in Nasdaq
Advancing stocks led by 1.13 to 1 in NYSE & .86 to 1 in Nasdaq
Net new 52 wk highs were leading by 115 in NYSE & 26 in Nasdaq
VIX Down .29% @ 10.26
Oil @ $50.17
Gold @ $1266.60
AH news....TXRH UP 6.77%, SIMO Down 2.68%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was mixed as Nasdaq was weak, Dow made a new all time high. Internals were mixed. AAPL reports AH on Tuesday, its all about guidance. Technology stocks are taking a well deserved rest after a terrific run. There is rotation which can be played easily, a diversified portfolio plays rotation well.
BLOG does NOT give buy or sell.
Saleem
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