Indices closed down .05% to .21%......

Indices closed down.

S&P 500 @ 2048.04, low 2047.26, high 2055.58

RSI @ 46.15

CMF @ 0.011

Internals were :

Down volume led by 1.50 to 1 in NYSE & .57 to 1 in Nasdaq

Declining stocks led by 1.03 to 1 in NYSE & .90 to 1 in Nasdaq

Net new 52 wk highs were leading by 45 in NYSE & 22 in Nasdaq

VIX UP 4.08% @ 15.82

Oil @ $48.08

Gold @ $1251.50

Stocks which were UP 1% or more included CMG JKS
PANW SPLK SPWR AAPL QRVO NFLX CSIQ 
SWN SSYS FEYE FSLR MU SINA AMCC
OLED CRUS WYNN TRIP MLNX.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE tried to beat negativity due to oil being lower & Fed interest rate increase fear, but by close gave up gains and closed @ low of the day. Canada was closed due to holiday, thus volume was low. Hopefully we try to regroup and work towards a green close. Internals were mixed which is a good thing. We are trading in a tight range and eventually we break higher.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed