Indices closed down .02% to .11%....

Indices closed down.

S&P 500 @ 2789.65, low 2782.97, high 2796.44

RSI @ 64.15

CMF @ 0.214

Internals were :

Down volume led by 1.29 to 1 in NYSE & 1.09 to 1 in Nasdaq

Declining stocks led by 1.02 to 1 in NYSE & 1.33 to 1 in Nasdaq

Net new 52 wk highs were leading by 66 in NYSE & by 3 in Nasdaq

VIX UP .75% @ 14.74

Oil @ $56.56

Gold @ $1284.70

Stocks which were UP 1% or more included FB SQ TWTR
BZUN MOMO HUYA IQ BIDU MTCH NIU ROKU
VICR CRON CGC CTRP GOOG YY NTNX TK
LNG OSTK CNX......

AH news...NIO Down 17.22%, AMBA UP 6.22%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE stayed on either side of break even, today's close was constructive as overbought conditions are being negated by down to sideways movement. Internals were mildly negative which is encouraging. FANG stocks are trying to reassert with FB in the lead followed by GOOG which got upgraded.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed