Indices were under selling pressure again after 2 PM closing near lows of the day....
S&P 500 is down 3 days in a row...
Internals were negative 3 days in a row also...
S&P 500 is down 2.25% from high of 1148.59
S&P 500 still above 200 DMA of 1116.77.....closed today @ 1124.83...
SO..why did we go down today...only reason i can think of that HFT took advantage of low volume today & pressed indices lower.....also we were overbought.....
RSI has come down from 68 area to 58.30..which may bring buyers on Friday......
Many stocks closed green including AAPL,RVBD,TSL,BIDU,AMZN,SOHU,
MA,V,M,CREE,CIEN,STP,NVLS.....
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
BLOG does NOT give buy or sell.
Saleem
3 comments:
SALEEM
Apple up bid time in premarket
I still like LVS and MCD increased DIVI means more up ticks--Yum
Does APPLE see $300 toda?? Any guesses?
Best regards to all
Salee,
Take a look at WIN
It is doing OK for me the chart is vGood and target is $21.
Cheers
Hi C,
I will look @ WIN this weekend....
Saleem
Post a Comment