Indices closed mixed.
S&P 500 @ 2601.42, low 2598.87, high 2606.41
RSI @ 63.81
CMF @ 0.288
Internals were :
Down volume led by 1.71 to 1 in NYSE & 1.39 to 1 in Nasdaq
Declining stocks led by 1.68 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 122 in NYSE & 138 in Nasdaq
VIX UP 2.07% @ 9.87
Oil @ $58.11
Gold @ $1294.40
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was positive @ open and went on to make new all time highs in Dow, S&P 500 & Nasdaq, but by close only Dow was able to close @ new all time high. Internals were negative despite Strong Black Friday sales and anticipation of strong sales for Cyber Monday. Hopefully before open on Tuesday, we will get an indication of how strong Monday's online sales were. Tax reform seems to be stuck in the mud for now, thus hesitation in equities.
BLOG does NOT give buy or sell.
Saleem
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