Indices were in record breaking mode but pulled back by close.
S&P 500 @ 1568.61, high today 1573.89
RSI @ 59.09
CMF @ 0.275
Internals were :
UP volume led by 1.81 to 1 in NYSE & 1.99 to 1 in Nasdaq
Advancing stocks led by 1.38 to 1 in NYSE & .81 to 1 in Nasdaq
Net new 52 wk highs were leading by 193 in NYSE & 59 in Nasdaq
VIX Down 2.65% @ 12.84
Oil @ $94.20
Gold @ $1586.70
Stocks which were UP 1% or more included BBRY,
RDN,YHOO,MOS,TCK,CLF,SU,PANW,GG,
SLW,EGO,AEM,JASO,FSLR,SPWR,MU,
JDSU,FNSR,SNDK,NVDA,FSLR,X,
STLD,SINA,KOG,GS,IBN,FCX.....
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, S&P 500 came within 2- points but could not make an all time high. This IS a setback. Although S&P 500 made a new intraday high today. I am not happy with the internals & the way we closed.TAPE looks very tired. It needs a rest to build its strength. I am in the market but ready to book any profit IF it comes my way.
BLOG does NOT give buy or sell.
Saleem
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