Indices closed mixed.
S&P 500 @ 2907.97, high 2909.51, low 2896.35
RSI @ 67.73
CMF @ 0.313
Internals were :
Down volume led by 1.25 to 1 in NYSE & .89 to 1 in Nasdaq
Declining stocks led by 1.41 to 1 in NYSE & 1.33 to 1 in Nasdaq
Net new 52 wk high were leading by 26 in NYSE & lows by 21 in Nasdaq
VIX UP 2.73% @ 12.42
Oil @ $65.70
Gold @ $1277.60
Stocks which wre UP 2% or more included BZUN SQ
IQ MTCH ROKU CRON CGC TLRY CSIQ JKS
NFLX CHK TK RIG LNG SU YELP....
AH news....CDNS UP 5.9%, HSTM UP 5.88%
FLIR Down 6.72%, PVTL Down 4.97%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE started lower then managed to close mixed, DOW remained in red. Internals were weak.Its all about earnings starting before open and its reaction, sometimes there is euphoria but then it fades gradually whole day, so keep monitoring and book profit IF you can catch it. Market is lofty and may need rest / pull back before it can go higher.
BLOG does NOT give buy or sell.
Saleem
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