Indices closed down .03% to .36%.....

Indices closed down.

S&P 500 @ 2572.83, low 2568.25, high 2580.03

RSI @ 64.82

CMF @ 0.229

Internals were :

Down volume led by 1.73 to 1 in NYSE & 1.19 to 1 in Nasdaq

Declining stocks led by 1.55 to 1 in NYSE & 1.95 to 1 in Nasdaq

Net new 52 wk highs were leading by 78 in NYSE & 58 in Nasdaq

VIX UP 7.14% @ 10.50

Oil @ $54.15

Gold @ $1277.70

AH news...HLIT UP 15.25%, MDLZ UP 4.33%
                 VYGR Down 9.81%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE opened @ best level but quickly faded, Nasdaq made an Intraday new all time high. FANG continue to show strong UP moves and making new all time highs. SHOP reports before open, it will be interesting to see how market reacts to its earnings and guidance, will listen to its conference call. TAPE ended mostly negative, tax reform is changing its color and arrest and charges against a key political player rattled the market.

BLOG does NOT give buy or sell.

Saleem 

Posted in: Mixed