Indices closed UP.
S&P 500 @ 2398.42, high 2400.85, low 2393.88
RSI @ 57.23
CMF @ 0.205
Internals were :
UP volume led by 1.47 to 1 in NYSE & .94 to 1 in Nasdaq
Advancing stocks led by 1.48 to 1 in NYSE & 1.11 to 1 in Nasdaq
Net new 52 wk highs were leading by 121 in NYSE & 69 in Nasdaq
VIX Down 1.92% @ 10.72
Oil @ $51.47
Gold @ $1255.50
AH ER....INTU UP 9.11%
AH Futures Down
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE showed its resiliency by closing UP. Indices closed near high of the day. Internals were mostly positive. Fed minutes will be released around 2 PM, a non event. Thursday will be all about speculation on OPEC cuts and schedule, it is how long those cuts will go on is critical. Many leading stocks pulled back on profit taking.
BLOG does NOT give buy or sell.
Saleem
2 comments:
DY is a beat but guidance killing it. Got out @93.88 will rethink after stabilization
Hi Explorer,
Saw the pre-market trading and thought about you--glad you got out near the highs. Good luck with the next one! :)
Stocktrader
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