Indices closed down.
S&P 500 @ 2805.37, low 2787.72, high 2826.66
RSI @ 54.12
CMF @ 0.023
Internals were :
Down volume led by 2.10 to 1 in NYSE & 1.69 to 1 in Nasdaq
Declining stocks led by 1.26 to 1 in NYSE & 1.39 to 1 in Nasdaq
Net new 52 wk high were leading by 180 in NYSE & low by 1 in Nasdaq
VIX UP 3.20% @ 15.15
Oil @ $59.41
Gold @ $1310.40
AH news...VRNT UP 8.27%, LULU UP 9.09%
PVH UP 10.02%
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE is trying to digest inverted yield curve which seems to have to have reversed already based on US 2, 5 10 & 30 year yield, it is all in ascending order the way it should be. Worldwide markets remains jittery due to weak economic data and fear of slowing economy or worse a recession.
BLOG does NOT give buy or sell.
Saleem
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