Indices closed Down .61% to 1.21% ......

SO.... we had our correction which hopefully ended today....

Indices were down from .61% to 1.21%.......

Internals of the market were negative as follows :

Down Volume led by 1.93 to 1 in NYSE & 7 to 1 in Nasdaq

Declining stocks led by 1.84 to 1 in NYSE & 3.17 to 1 in Nasdaq

As you can clearly see that internals were much better than yesterday.....

RSI @ close are as follows :

Dow 52.08

S&P 500 49.45

Nasdaq 42.69

NOW the logical question is how bad was this correction.....i have taken absolute high & today's low as my measurement :

Dow <2.6%>

S&P 500 <3.3%>

Nasdaq <4.75%>

As you can see that this correction was on the mild side....

AH PCLN ER was a beat & guide UP, stock UP $20.01...had a wild ride in AH low was $387.50 & high was $456..a swing in AH of $68.50....

AH MGA ER was a miss, stock Down $3.48

AH AUY ER was a beat, stock UP .26 cents

AH futures are UP

AH Asian markets Mixed

AH Oil & Gold UP

BLOG does NOT give buy or sell.

Saleem