Indices are down, after a huge run of 19%, this is a normal pattern.
Internals are negative by almost 3 to 1.
S&P 500 went to 1263.40 @ low of the day, IF S&P 500 close above 1274.10 which is 200 DMA, it will be a major victory for bulls. All other indices are above 200 DMA.
Oil Down 69 cents
Gold Down $22.20
Canadian $ Down 31 tick @ 100.50
VIX UP 10.23% @ 27.04, Do not like this jump?
Portfolio is LVS,JCP,POT,RVBD,TLM.....
Most stocks are down
@ 2.03 following are green :
BJRI,BWLD,OTEX,AAPL,SMN,ULTA.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
Company in town today--ugly markets :(
Stocktrader
Hi Stocktrader,
On greatest news of European fix we were UP 300+...
On NO news we are down almost 300 ?
Who says Wall Stret has to make sense...
Enjoy your time with visitors.
Saleem
SALEEM
good evening from the Caribbean
Love it on the islands
se you all when I can log in as it is spotty coverage
on a ship!
bad day today in the market better days will come again
C
Hi C,
Enjoy your Carribean trip.
HFT controls this market, hopefully they will find reason to cover their short?
You are only allowed to gain 10 lbs on superb meals...
Saleem
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