Indices closed mixed after being green most of the day.
S&P 500 @ 1617.50, high today 1619.77.
RSI @ 64.91
CMF @ 0.244
Internals were :
UP volume led by 1.92 to 1 in NYSE & 1.65 to 1 in Nasdaq
Advancing stocks led by 1.54 to 1 in NYSE & 1.51 to 1 in Nasdaq
Net new 52 wk highs were leading by 269 in NYSE & 157 in Nasdaq
VIX Down 1.48% @ 12.66
Oil @ $96.16
Gold @ $1468.00
Stocks which were UP 2% or more included KOG
RDN AAPL BAC CLF BIDU FFIV CRUS
JDSU CIEN FNSR FSLR SPWR MS
SINA GS IBN....
AH Future Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, S&P 500 & Nasdaq closed @ new highs for 2013.TAPE is trying to digest huge gains of past week. It is important to be positioned to benefit from rotation. Many gurus are shifting their focus on laggards.
BLOG does NOT give buy or sell.
Saleem
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