Indices closed down .04% to .11%....

Indices closed down.

S&P 500 @ 2679.25, low 2676.11, high 2691.01

RSI @ 69.40

CMF @ -.0068

Internals were :

UP volume led by 1.19 to 1 in NYSE & 1.27 to 1 in Nasdaq

Advancing stocks led by 1.01 to 1 in NYSE & 1.01 to 1 in Nasdaq 
( not a typo )

Net new 52 wk highs were leading by 120 in NYSE & 74 in Nasdaq

VIX Down 3.09% @ 9.72

Oil @ $58.09

Gold @ $1269.60

Stocks which were UP 1% or more included MU CNQ  GG ABX
TECK FCX KGC LEN CHK RIG CIEN TRIL WYNN MLNX
AEM SWKS OPK X LRCX.....

AH news...BBBY Down 4.76%, PCG Down 9.53%

AH Futures Mixed

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE was weak by close by closing near low of the day, tax passage was baked into market and it became " soft sell the news "  ...Internals were slightly positive. CMF has turned negative in all 3 major indices, this means there was profit taking during rallies. How we close is always important, two days it has been strong rally @ open and fade by close.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed