Indices closed down .24% to .52%.....

Indices closed down.

S&P 500 @ 2500.60, low 2499.00, high 2507.16

RSI @ 62.32

CMF @ 0.278

Internals were :

Down volume led by 1.43 to 1 in NYSE & 1.98 to 1 in Nasdaq

Declining stocks led by 1.35 to 1 in NYSE & 1.24 to 1 in Nasdaq

Net new 52 wk highs were leading by 128 in NYSE & 89 in Nasdaq

VIX Down 1.12% @ 9.67

Oil @ $50.55

Gold @ $1294.80

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed down @ low of the day, stocks were overbought which is reflected in VIX which came near 52 wk low of 8.84. North Korea is threatening detonation of nuclear bomb in pacific ocean ( translation near Guam ), this is a serious escalation of "rhetoric" and may escalate further in action. There is only a closing BLOG on Friday's by 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed