Indices closed mixed....

Indices closed mixed.

S&P 500 @ 2922.95, low 2904.51, high 2939.08

RSI @ 49.73

CMF @ 0.106

Internals were :

Down volume led by 1.09 to 1 in NYSE & 1.24 to 1 in Nasdaq

Declining stocks led by 1.17 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new 52 wk highs were leading by 145 in NYSE & 21 in Nasdaq

VIX UP 5.54% @ 16.68

Oil @ $55.34

Gold @ $1508.50

AH news...ARMK UP 7.48%, CRM UP 6.45%

                  HPQ Down 6.29%, VMW Down 5.33%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was in a narrow range both UP & Down, waiting for Fed Chief to speak his mind once again, is it going to be any different than minutes or policy statement, I think not. Market may not like status quo on rates policy and may react negatively. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed