Indices closed mixed......

Indices fought its way to closed mixed.


S&P 500 @ 1868.20, low 1854.38, high 1868.38


RSI @ 60.88


CMF @ 0.145


Internals were :


UP volume led by 1.14 to 1 in NYSE & 1.74 to 1 in Nasdaq


Advancing stocks led by 1.39 to 1 in NYSE & 1.31 to 1 in Nasdaq


Net new 52 wk highs were leading by 15 in NYSE & 38 in Nasdaq


VIX Down 2.23% @ 14.47


Oil @ $97.99


Gold @ $1370.50


AH ER : KKD UP 10.16%


AH Futures UP


AH Asian Markets Mixed


AH Oil & Gold UP


About market, TAPE is zig zagging on a daily basis, one day impressive then slumps & now another impressive close today. There is too many cross-current in the world which is causing market uncertainty. Gold on the other hand closed @ its highest level since September 9th 2013, AH it went UP to $1374.90. China imported 80% of all the Gold produced in 2013, it is the largest importer of Gold ahead of India. There is a strong belief that India will ease up import of Gold after their upcoming election,Ukraine is in the card & there is rumbling of separation in Quebec, Gold cannot ask for more things to support its UP move.


BLOG does NOT give buy or sell.


Saleem

Posted in: Mixed