Bear markets are not kind to any statistics /charts/FA......
We went to series of new lows in many indices...
Internals are extremely bearish @ close......as listed below :
Declines led by 12.28 to 1 in NYSE
Declines led by 5.24 to 1 in Nasdaq
Down volume led by 14.52 to 1 in NYSE
Down volume led by 12.45 to 1 in Nasdaq
New 52 wk lows 708 in NYSE & 562 in Nasdaq
AH ER MRVL beat on top & bottom line and is guiding higher than consensus for Sales & EPS..stock UP 7% AH......
Gold stocks were the strongest sector as Gold shot UP $22.... plus BIDU,GNK,DUG were among gainers...
Future are green after factoring fair value as listed :
Dow UP 31
S&P 500 UP 3
Nasdaq UP 5
GOLD UP another $6.90 to $934.70...
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment