Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2978.43, low 2969.39, high 2989.43

RSI @ 58.28

CMF @ 0.066

Internals were :

UP volume led by 2.25 to 1 in NYSE & 1.45 to 1 in Nasdaq

Advancing stocks led by 1.48 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new 52 wk highs were leading by 124 in NYSE & 16 in Nasdaq

VIX UP 1.80% @ 15.27

Oil @ $57.85

Gold @ $1511.10

AH news...WEN Down 5.24%, CTRP Down 4.87%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE started in green and then turned red, only DOW closed green. Internals were positive. I will call this day as marking time before buying comes in. Semiconductors made new highs like LRCX & LSCC to name a few. Hopefully by close on Tuesday we will see green.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed