Indices closed down .01% to .23%......

Indices closed down.

S&P 500 @ 2900.45, low 2895.45, high 2918.00

RSI @ 66.00

CMF @ 0.243

Internals were :

Down volume led by 1.54 to 1 in NYSE & 1.17 to 1 in Nasdaq

Declining stocks led by 1.39 to 1 in NYSE & 1.74 to 1 in Nasdaq

Net new 52 wk highs were leading by 78 in NYSE & 16 in Nasdaq

VIX UP 3.45% @ 12.60

Oil @ $63.76

Gold @ $1276.80

AH news...SNBR Down 14.22%, AMKR Down 11.3%

                  CGC UP 7.12%, URI UP 6.74%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong @ open then faded to slightly down close. Chinese stronger GDP data of 6.4% growth is very good for world commerce. Earnings quality so far has been lackluster. Market is near all time high area and is marking time before jumping to series of all time highs. Quality technology stocks are behaving well even in a down TAPE.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed