Indices closed down .06% to .10%.....

Indices closed down.

S&P 500 @ 2905.58, low 2896.48, high 2909.60

RSI @ 68.64

CMF @ 0.248

Internals were :

Down volume led by 1.47 to 1 in NYSE & 1.53 to 1 in Nasdaq

Declining stocks led by 1.21 to 1 in NYSE & 1.57 to 1 in Nasdaq

Net new 52 wk highs were leading by 145 in NYSE & 65 in Nasdaq

VIX UP 2.58% @ 12.32

Oil @ $63.40

Gold @ $1291.30

AH news...HCC UP 4.58%, DQ UP 4.98%

                  KBH Down 5.04%, BJ Down 4.19%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE tried to digest earnings report from financials and it was not as expected, despite this negative news market closed near high of the day. Internals were mostly negative. This digestive phase is nothing to be worried about, it is healthy. Hopefully, we may have better tone in the market and should close in positive.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed