Indices closed down .42% to .65%....

Indices closed down.

S&P 500 @ 2984.42, low 2984.25, high 3005.26

RSI @ 59.60

CMF @ 0.086

Internals were :

Down volume led by 2.25 to 1 in NYSE & 1.96 to 1 in Nasdaq

Declining stocks led by 1.67 to 1 in NYSE & 1.73 to 1 in Nasdaq

Net new 52 wk highs were leading by 136 in NYSE & lows by 7 in Nasdaq

VIX UP 8.63% @ 13.97

Oil @ $56.78

Gold @ $1423.30

AH news....EBAY UP 6.02%, URI Down 6.11%,

                   NFLX Down 11.99%, LLNW Down 16.36%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE closed @ low of the day, AH earnings reports were disappointing and hitting Futures hard.Thursday could be another bad day @ open, hopefully we may have a better close than open, this pullback is healthy and was needed to position us for better earnings reports.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed