Indices were under mild selling pressure after major gains....
S&P 500 closed @ 1461.89
RSI @ 62.33
CMF @ 0.124
Internals were :
Down volume led by 1.43 to 1 in NYSE & .93 to 1 in Nasdaq
Declining stocks led by 1.20 to 1 in NYSE & 1.34 to 1 in Nasdaq
Net new 52 wk highs were leading by 175 in NYSE & 89 in Nasdaq
VIX closed Down .29% @ 13.79
Oil closed @ $93.19
Gold closed @ $1646.30
AH News :
YUM Down 5.32%
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold UP
About market, TAPE remains healthy as market is holding most of its gains. Earnings report are starting with MON in AM & AA in PM, hopefully MON should give hope to AG sector. AA is known to guide lower or miss expectations.
BLOG does NOT give buy or sell.
Saleem
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