Indices were met with selling pressure, open was strong but petered out quickly.
Currently indices are down .41% to .74%.
S&P 500 high was 1335.52, low 1319.50, currently 1319.50.
Internals are negative.
52 wk highs are still in the lead.
Oil Down 51 cents
Gold UP $7.20
Canadian $ Down 27 tick @ 97.13
VIX UP 3.44% @ 21.96
Portfolio is COH,LVS,LEN,LNKD,JCP
Most stocks are down
@ 2.00 following are green :
KORS,BIDU,PCLN,AAPL,AMZN,NAV,FB,
MA,V,EXPE,NVDA,EGO,YGE,CSIQ.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
I am pretty disappointed by today's action so far, but often we see the first day as a fakeout and the second day+ show the true action. This reversal is pretty heavy so far though, so maybe we need to pause for a while still?
There's clearly lots of skepticism/pessimism around at the moment, but I continue to believe in the ability of great companies to provide ongoing value to their customers and thereby create profits for their investors.
Surviving today...
Stocktrader
Hi Stocktrader,
Today..there was a "major catalyst" & the action is negative....
Close is all important to decipher health of this TAPE.....so far ..it does NOT look good.....
Saleem
Post a Comment