Indices closed mixed......

Indices closed mixed.

S&P 500 @ 3074.62, low 3072.15, high 3083.95

RSI @ 67.09

CMF @ 0.084

Internals were :

UP volume 1.06 to 1 in NYSE & 1.12 to 1 in Nasdaq

Advancing stocks led by .88 to 1 in NYSE & 1.10 to 1 in Nasdaq

Net new 52 wk highs were leading by 324 in NYSE & 185 in Nasdaq

VIX UP 2.10% @ 13.10

Oil @ $57.23

Gold @ $1483.70

AH news....MTCH Down 15.57%, SWIR Down 14.01%

                   FIVN UP 9.13%

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE went into Intraday all time highs in S&P 500 and closing all time highs in DOW & Nasdaq. By close we were near lows of the day due to profit taking after setting record back to back. Any pullback is a good chance to get back in strong stocks as they will go on to make series of new highs.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed