Monday 31 July 2017

Indices closed mixed....

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

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management