Indices closed down to .16% to .46%.....

Indices closed down.

S&P 500 @ 2917.52, low 2900.50, high 2931.68

RSI @ 59.46

CMF @ 0.264

Internals were :

Down volume led by 1.45 to 1 in NYSE & .74 to 1 in Nasdaq

Declining stocks led by 1.43 to 1 in NYSE & .95 to 1 in Nasdaq

Net new 52 wk highs were leading by 33 in NYSE & lows by 2 in Nasdaq

VIX Down by 2.57% @ 14.42

Oil @ $61.81

Gold @ $1272.00

AH news...OLED UP 13.76%, MELI UP 11.49%

                  SRCL Down 14.41%, EPAY Down 10.7%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was all over the place but by close it was near it better level of the day. Fed caused some uncertainty that they did not indicate any further cuts in future.SO we had back to back red day but mildly so, I will not read too much into it as today's close was not very convincing for confirmation. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed