Indices closed mixed.
S&P 500 @ 2464.61, low 2461.61, high 2468.90
RSI @ 52.22
CMF @ 0.168
Internals were :
Down volume led by 1.51 to 1 in NYSE & 1.17 to 1 in Nasdaq
Declining stocks led by 1.76 to 1 in NYSE & 2.05 to 1 in Nasdaq
Net new 52 wk lows were leading by 70 in NYSE & 41 in Nasdaq
VIX Down 2.35% @ 12.04
Oil @ $47.55
Gold @ $1279.70
AH news ....URBN UP 20.81%, MELI UP 11.41%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was flattish most of the day and closed mixed, internals were very weak, after a long time negative reading in most critical internal. Some stocks continues to outperform like BABA, AAPL,SPWR, JKS, FSLR & FB to name a few. Selectivity is becoming very important in stock selection. Wednesday should be positive after today's rest.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Bought YY @ 71.15
Taking the opportunity of this secondary to get into this name that's really been on a roll.
Stocktrader
Hi Stocktrader,
Excellent move into YY.
Saleem
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