Indices closed down 1.11% to 1.58%.....

Indices closed down.

S&P 500 @ 2822.24, low 2805.49, high 2836.70

RSI @ 40.01

CMF @ 0.120

Internals were :

Down volume led by 3.68 to 1 in NYSE & 3.03 to 1 in Nasdaq

Declining stocks led by 3.26 to 1 in NYSE & 3.83 to 1 in Nasdaq

Net new 52 wk lows were leading by 85 in NYSE & 139 in Nasdaq

VIX UP 14.7% @ 16.92

Oil @ $57.91

Gold @ $1285.40

AH news...VSAT UP 10.33%, NVCR UP 5.46%

                   SPLK Down 2.70%, ADSK Down 8.58%

AH Futures UP

AH Asian Markets Down

AH Oil UP

AH Gold Down

About markets, TAPE was down from open to close, negativity has accelerated due to failure to strike a trade deal with China. Internals were negative all over. As this a long weekend, there was a tendency for risk off. Monday is memorial day, Friday is expected to be extremely low volume.There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed