Indices closed down .28% to .45%......

Indices closed down.

S&P 500 @ 2856.27, low 2851.11, high 2865.47

RSI @ 45.96

CMF @ 0.133

Internals were :

Down volume led by 2.16 to 1 in NYSE & 1.84 to 1 in Nasdaq

Declining stocks led by 1.71 to 1 in NYSE & 1.94 to 1 in Nasdaq

Net new 52 wk high were leading by 11 in NYSE & 57 in Nasdaq

VIX Down 1.34% @ 14.75

Oil @ $61.42

Gold @ $1274.20

AH news...NTAP Down 7.59%, AVP UP 16.62%

                   LB UP 13.72%, VIPS UP 6.46%

AH futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was weak from start and closed lower near lows of the day. Even Fed minutes did not cheer up this market even though it showed no focus on raising rates anytime soon, maybe some were looking for hint of rate cut. Internals were weak. As we are heading into long weekend we may get sloppy action till Friday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed