Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2744.45, low 2728.81, high 2763.07

RSI @ 29.91

CMF @ -0.060

Internals were :

UP volume led by 2.86 to 1 in NYSE & 1.03 to 1 in Nasdaq

Advancing stocks led by 1.86 to 1 in NYSE & 1.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 17 in NYSE & lows by 110 in Nasdaq

Oil @ $53.25

Gold @ $1327.90

AH news...  FISV UP 7.1%, COUP UP 4.41%

                  BOX Down 14.33%, EXTR Down 4.99%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE continued on its bearish tone with all indices hitting new lows, Nasdaq has been hammered and all leaders have gone below support. DOW was the exception today and most Semiconductors were UP thanks to CY being bought out. As RSI is below 30 now expect some kind of oversold bounce.

BLOG does NOT give buy or sell.

There is no BLOG tomorrow as Muslims are celebrating ending of month long Ramadan fast with 3 day Eid get together and meeting friends. On Wednesday BLOG will continue its usual format.

Saleem

Posted in: Mixed