Indices closed mixed.
S&P 500 @ 2978.43, low 2969.39, high 2989.43
RSI @ 58.28
CMF @ 0.066
Internals were :
UP volume led by 2.25 to 1 in NYSE & 1.45 to 1 in Nasdaq
Advancing stocks led by 1.48 to 1 in NYSE & 1.51 to 1 in Nasdaq
Net new 52 wk highs were leading by 124 in NYSE & 16 in Nasdaq
VIX UP 1.80% @ 15.27
Oil @ $57.85
Gold @ $1511.10
AH news...WEN Down 5.24%, CTRP Down 4.87%
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE started in green and then turned red, only DOW closed green. Internals were positive. I will call this day as marking time before buying comes in. Semiconductors made new highs like LRCX & LSCC to name a few. Hopefully by close on Tuesday we will see green.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Added a small amount of CSOD @ 53.72
Recent consistent business momentum is being recognized by analyst with a series of upgrades recently. The chart is close to breaking out above the 200 DMA, and these guys are always a takeover potential.
Stocktrader
Hi Stocktrader,
Good luck with more CSOD....
Saleem
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