Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2629.27, low 2624.75, high 2634.41

RSI @ 64.77

CMF @ 0.162

Internals were :

Down volume led by 1.87 to 1 in NYSE & 1.10 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & 1.89 to 1 in Nasdaq

Net new 52 wk highs were leading by 16 in NYSE & lows by 34 in Nasdaq

VIX Down 2.74% @ 11.02

Oil @ $55.96

Gold @ $1266.10

Stocks which were UP 1% or more included TSLA FB BABA 
LULU GOOG JD SPWR TWTR FCX V MA JKS FSLR
MSFT MLNX DATA SPLK X LRCX.....

AH ER ....LULU UP 6.78%, AVGO UP 4.46%

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was undecided and traded on both side of breakeven, by close it was mixed. Internals were weak which was the result of adjustment in tax reforms, there is some clarity tonight about corporate tax proposal. Nasdaq was the better performer overall as FANG behaved positively into close.

BLOG does NOT give buy or sell.

Saleem