Tuesday, June 6, 2017

Indices closed down .23% to .33%.....

Indices closed down.

S&P 500 @ 2429.34, low 2428.12, high 2436.21

RSI @ 63.49

CMF @ 0.272

Internals were :

Down volume led by 1.01 to 1 in NYSE & 1.19 to 1 in Nasdaq

Declining stocks led by 1.19 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 67 in NYSE & 61 in Nasdaq

VIX UP 3.77% @ 10.45

Oil @ $48.19

Gold @ $1297.50

Stocks which were UP 1% or more included MOMO OCLR OLED
TSLA AMD IAG KGC GG ABX AEM NTES FNSR MU VRX
CNQ TECK FCX ABX DNKN SU MRVL CHK TK LNG 
FEYE SPWR  JKS LVS SHOP CRUS OPK CNX....

AH ER....PLAY Down 2.92%, AMBA Down 5.68%

AH Futures Mixed

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was under " Comey testimony complex "and closed near low of the day. Fiber optics stocks were on fire due to resumption of Chinese build out. Internals were weak. TAPE may be on pause until Thursday, that provides buying opportunity on any weakness, this may be discounted pretty quickly.

BLOG does NOT give buy or sell.

Saleem

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