Indices closed mixed......

Indices closed mixed.

S&P 500 @ 2016.71, high 2021.94, low 2004.17

RSI @ 42.83

CMF @ -0.017

Internals were :

UP volume led by 1.11 to 1 in NYSE & .77 to 1 in Nasdaq

Advancing stocks led by 1.42 to 1 in NYSE & 1.10 to 1 in Nasdaq

Net new 52 wk highs were leading by 17 in NYSE & lows by 61 in Nasdaq

VIX Down 6.57% @ 19.34

Oil @ $35.97

Gold @ $1078.40

Stocks which were UP 1% or more included BITA CNQ 
FCX TCK JCP NTES BIDU LNKD TSL BABA MU
LVS WYNN YHOO FSLR AMCC M MCD AEM 
VRX.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE recovered from its lows and closed mixed. Economic report from China tonight is weak and @ its lowest point in 17 months, this may put additional pressure in indices worldwide. IF Nasdaq closes lower on Wednesday, then January indicator for first 5 days of trading will be negative for Nasdaq, other indices are still in positive territory. It is important to assess risk in the entire portfolio and be aware of support and resistance in individual stocks.

BLOG does NOT give buy or sell.

Saleem