Indices were sold off after being up earlier.
S&P 500 @ 1845.12, low 1840.19, high 1852.91
RSI @ 59.91
CMF 0.207
Internals were :
Down volume led by 1.38 to 1 in NYSE & 1.24 to 1 in Nasdaq
Declining stocks led by 1.18 to 1 in NYSE & 1.49 to 1 in Nasdaq
Net new 52 wk highs were leading by 107 in NYSE & 119 in Nasdaq
VIX Down 3.94% @ 13.67
Oil @ $101.83
Gold @ $1342.70...new 4 month high...many so called experts are predicting Gold to go down to $1000 this year????
Stocks which were UP 1% or more included ZNGA
LNKD MA AMZN JCP BBRY M TSLA
NFLX PCLN KORS LEN DNKN
GRPN RVBD SWIR SPLK
CCJ Z TRIP......
AH ER : FSLR Down 13.32%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE did 1 step back today & hopefully we move UP on Wednesday. Internals were negative slightly. New 52 wk highs were leading by 100+. TAPE was slightly negative considering everything. Consumer confidence was lower than expected which played a role in negative close. I am expecting more new highs in indices this week.
BLOG does NOT give buy or sell.
Saleem
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