From best day of the year yesterday, today we are having the worst day of the year all in 48 hours. Concern for growth in world economy as Germany keeps reporting weak numbers almost daily.
S&P 500 @ 1931.20, low 1929.95 ( higher low which is a good thing) , high 1967.68
Internals are negative by minimum 5 to 1 .....bad technical picture
Oil Down $1.60, how low will it go ?
Gold UP $19.60
Canadian $ Down 63 tick @ 88.32
VIX UP 26.87% @ 19.17..getting close to 21.48 which is 52 wk high
In my portfolio :
Added 70% AKS @ $6.90
AKS EGO LULU MU NXPI SWIR
Exposure 198%
Most stocks are down
@ 2.25 following are green :
GTAT BABA WUBA RVBD DNKN AAPL GMCR
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Is there any news on NXPI after hour..it is down 4 percent?
Saleem
Hey Saleem,
I believe it is either related to the warning from KN, an after hours downgrade not disseminated to the public yet, or some of liquidation by a hedge fund.
Stocktrader
Hi Stocktrader,
Somebody definitely knows news which we dont know yet...
Thanks for your reply.
Saleem
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