Indices closed mixed.
S&P 500 @ 2444.24, high 2449.12, low 2439.03
RSI @ 46.86
CMF @ -0.027
Internals were :
Down volume led by 1.58 to 1 in NYSE & .66 to 1 in Nasdaq
Declining stocks led by 1.14 to 1 in NYSE & 1.02 to 1 in Nasdaq
Net new 52 wk highs were leading by 35 in NYSE & 25 in Nasdaq
VIX UP .35% @ 11.32
Oil @ $46.57
Gold @ $1315.30
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed mixed despite selling bouts, Nasdaq was the strongest. North Korea is in the news again by firing missile over Japan, this violates air space of Japan.a provocation against a nation which is vowed to peace. Futures slumped around 150 points. I think reaction will be contained by US open. These are not a game changing event, by close Tuesday, we should be close to neutral.
BLOG does NOT give buy or sell.
Saleem
0 comments:
Post a Comment