Indices closed down .94% to 1.25%.....

Indices closed down.

S&P 500 @ 2047.21, low 2040.82, high 2065.69

RSI @ 45.09

CMF @ 0.023

Internals were :

Down volume led by 1.64 to 1 in NYSE & 2.45 to 1 in Nasdaq

Declining stocks led by 1.82 to 1 in NYSE & 2.75 to 1 in Nasdaq

Net new 52 wk highs were leading by 79 in NYSE & lows by 49 in Nasdaq

VIX UP 6.06% @ 15.57

Oil @ $48.31

Gold @ $1276.90

AH ER......BID Down 6.27%, VIPS Down 11.54%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under pressure from open and closed near low of the day, popular theory is that Fed has found 1 reason to hike rates in few days, too simplistic for my comfort, Fed is looking @ series of overall data before they can decide or make a sound judgment. In the meantime look @ your picks or potential picks in this volatile stock market.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed