Indices Closed UP in reaction to CPI which was lower than consensus.
S&P 500 @ 4468.83, high 4527.37, low 4457.92
RSI @ 46.50
Internals were :
Down volume led by 1.17 to 1 in NYSE & 1.13 to 1 in Nasdaq
Declining stocks led by 1.27 to 1 in NYSE & 1.15 to 1 in Nasdaq
Net new highs led by 41 in NYSE & lows by 96 in Nasdaq
VIX Down .69% @ 15.85
Oil @ $82.82
Gold @ $1948.90
Canadian $ @ .6593
Portfolio SHOP BTCC
Market is weak needs time for base building, PPI reaction will be the same flat to lower TAPE.
BLOG does NOT give buy or sell.
Saleem
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