19:26
Unknown
Indices fought negativity to erase majority of losses.
S&P 500 @ 1957.22, 1944.69, high 1959.89
RSI @ 63.40
CMF @ 0.524
Internals were :
Down volume led by 1.02 to 1 in NYSE & .99 to 1 in Nasdaq
Declining stocks led by .89 to 1 in NYSE & 1.06 to 1 in Nasdaq
Net new 52 wk highs were leading by 124 in NYSE & 14 in Nasdaq
VIX UP .35% @ 11.63
Oil @ $105.84
Gold @ $1317.00
AH news ....DD Down 2.07%, NKE UP 3.03%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE gave its own verdict on Mr Bullards comment by closing almost unchanged, TAPE also ignored weak consumer spending as it could be one off number. TAPE is giving clear signal that it sees economic progress which can handle some challenges. Stay with your better ideas & this TAPE can take you farther than what you think.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1957.22, 1944.69, high 1959.89
RSI @ 63.40
CMF @ 0.524
Internals were :
Down volume led by 1.02 to 1 in NYSE & .99 to 1 in Nasdaq
Declining stocks led by .89 to 1 in NYSE & 1.06 to 1 in Nasdaq
Net new 52 wk highs were leading by 124 in NYSE & 14 in Nasdaq
VIX UP .35% @ 11.63
Oil @ $105.84
Gold @ $1317.00
AH news ....DD Down 2.07%, NKE UP 3.03%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE gave its own verdict on Mr Bullards comment by closing almost unchanged, TAPE also ignored weak consumer spending as it could be one off number. TAPE is giving clear signal that it sees economic progress which can handle some challenges. Stay with your better ideas & this TAPE can take you farther than what you think.
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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