Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2280.85, high 2283.97, low 2271.65

RSI @ 56.28

CMF @ 0.247

Internals were :

UP volume led by 1.25 to 1 in NYSE & .96 to 1 in Nasdaq

Advancing stocks led by 1.23 to 1 in NYSE & .91 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 70 in Nasdaq

VIX UP 1.02% @ 11.93

Oil @ $53.54

Gold @ $1219.40

Stocks which were UP 1% or more AMD CNQ GG OCLR
AKS VRX CIEN NVDA ABX TWTR YUM FFIV WB
LNG SPWR AEM X M.....

AH ER....DATA UP 16.66%, FEYE Down 17.89%

AH Futures Down

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE seems to be struggling, but managed to close near high of the day. Internals are getting weaker. Rally seems to have run its course for now. We may see downward pressure, until legislative initiative takes shape on taxes and infrastructure spending.Broad based diversified portfolio may fare better. Jobs report have missed the mark most of the time, may not have any impact as fed meeting have concluded.

BLOG does NOT give buy or sell.

Saleem