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17:31
Unknown
TAPE was under mild selling pressure on poor earnings reports.
S&P 500 @ 1845.89, low 1840.30, high 1847.99
RSI @ 60.34
CMF @ 0.322
Internals were :
Down volume led by 1.12 to 1 in NYSE & 1.22 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.01 to 1 in Nasdaq
Net new 52 wk highs were leading by 160 in NYSE & 172 in Nasdaq
VIX UP 2.04% @ 12.53
Oil @ $93.96
Gold @ $1240.20
AH ER : INTC Down 4.71%, SWKS UP 9.54%
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold UP
About market, considering bad earnings report, internals were on the positive side. TAPE wants to go higher & is fighting any setback with remarkable resiliency. Many sectors continue to outperform even when indices were mixed. Stay engaged with this TAPE as we are going higher.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1845.89, low 1840.30, high 1847.99
RSI @ 60.34
CMF @ 0.322
Internals were :
Down volume led by 1.12 to 1 in NYSE & 1.22 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.01 to 1 in Nasdaq
Net new 52 wk highs were leading by 160 in NYSE & 172 in Nasdaq
VIX UP 2.04% @ 12.53
Oil @ $93.96
Gold @ $1240.20
AH ER : INTC Down 4.71%, SWKS UP 9.54%
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold UP
About market, considering bad earnings report, internals were on the positive side. TAPE wants to go higher & is fighting any setback with remarkable resiliency. Many sectors continue to outperform even when indices were mixed. Stay engaged with this TAPE as we are going higher.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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