TAPE is reacting to below expectations data from China & ongoing reaction to Ukraine vote on Sunday.
S&P 500 @ 1847.41, low 1845.81......S&P 500 has violated 10 day & 20 day moving averages, close below 1845 can take it down to 50 DMA in a hurry.....
Internals are negative by 3 to 1
Oil UP 12 cents
Gold UP $1.60
Canadian $ UP 61 tick @ 89.43
VIX UP 11.40% @ 16.12.....can go to 18 easily.
Portfolio EGO KOG MU TSL
Most stocks are down
@ 2.22 following are green :
EGO ( @ $7.34 its a breakout with a target of $8.16),
SSRI AMZN INVN AG HMY ABX SLW GG
AEM CCJ ......
BLOG does NOT give buy or sell.
Saleem
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