Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2496.84, high 2503.51, low 2495.12

RSI @ 59.26

CMF @ 0.340

Internals were :

UP volume led by 1.08 to 1 in NYSE & 1.10 to 1 in Nasdaq

Advancing stocks led by 1.30 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new 52 wk highs were leading by 136 in NYSE & 126 in Nasdaq

VIX Down .39% @ 10.17

Oil @ $51.88

Gold @ $1301.70

Stocks which were UP 1% or more included AAPL
WUBA LULU WB SNAP SPWR LVS WYNN
JKS COH LEN SINA RIG CIEN KORS X
KBH OPK PANW CNX.....

AH ER...MU UP 3.72%

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE tried to show strength @ open but faded very quickly, most of the gains became losses, by close we crawled to mixed picture. Internals were positive. Only select Nasdaq stocks looked strong by close. TAPE is digesting issues internally and externally. US economic picture is mixed @ best. Strategic buying in high comfort stocks can be productive.

BLOG does NOT give buy or sell.

Saleem