Indices closed down .23% to .63%......

Indices closed down.

S&P 500 @ 2108.92, low 2107.04, high 2125.92

RSI @ 55.90

CMF @ 0.073

Internals were :

Down volume led by 1.61 to 1 in NYSE & 2.14 to 1 in Nasdaq

Declining stocks led by 1.68 to 1 in NYSE & 2.38 to 1 in Nasdaq

Net new 52 wk highs were leading by 78 in NYSE & 77 in Nasdaq

VIX UP 6.75% @ 13.12

Oil @ $56.99

Gold @ $1203.20

AH ER..ABX Down 3.05%, AAPL UP 1.32%
             AMCC UP 3.59%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE showed its weakness again by losing morning gains and closing @ low of the day. Even some pundits are getting concerned today and talking of "this time being different possibility". Keep booking any gains and look for potential sale if this accelerate to the downside. Its Fed watch again meeting starts Tuesday and verdict on Wednesday @ 2 PM, this may put more pressure and downside may persist.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed