Indices closed mixed on weak earnings and merger news.
S&P 500 @ 2097.29, low 2094.38, 2109.64
RSI @ 53.63
CMF @ -0.014
Internals were :
Down volume led by 1.63 to 1 in NYSE & .64 to 1 in Nasdaq
Advancing stocks led by 1.01 to 1 in NYSE & 1.02 to 1 in Nasdaq
Net new 52 wk highs were leading by 69 in NYSE & 71 in Nasdaq
VIX Down .38% @ 13.25
Oil @ $55.26
Gold @ $1203.10
AH ER..ISRG Down 3.88%, YUM UP 4.98%
BRCM UP 5.68%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE maintained its indecisive action by losing opening strength. Internals remains weak. Security stocks took off to new highs which is an area of strength. Earnings remains mixed. FB reports Wednesday which will be a key report in tech sector.Stay diversified to benefit from mixed action.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment