Indices continued their negative close driven by weakness in economy.
Indices were down from .18% to .97%, Nasdaq being weakest.
Internals were weak by 2.5 to 1
S&P 500 low today was 1277.42 which brings this index down 5.04% from May high.
RSI closed @ 31.92..lower than previous low......
Many traders & investors are fixated on the direction of indices, a better focus should be on stocks which are looking attractive for accumulation.
VIX closed @ 18.79 which was UP 3.98%......based on relentless selling, this should have been UP much more.....this is telling me that HF are done selling....
AH TXN warned based on NOK, stock UP AH .83% ?
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
BLOG does NOT give buy or sell.
Saleem
2 comments:
S
Look at
ETP
and FCX is showing an uptrend---Hurrah
POT is showing love
C
Hi C,
Sold AMZN...
Saleem
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