Indices faced another selling bout and closed @ low of the day. US GDP came in below expectations @ 2.6%.
S&P 500 @ 1994.99, low 1993.38, high 2023.32
RSI @ 41.78
CMF @ -0.005
Internals were :
Down volume led by 2.99 to 1 in NYSE & 3.58 to 1 in Nasdaq
Declining stocks led by 2.12 to 1 in NYSE & 2.86 to 1 in Nasdaq
Net new 52 wk highs were leading by 89 in NYSE & lows by 54 in Nasdaq
Oil @ $48.24
Gold @ $1279.20
Canadian $ @ 72.77 @ 6 yr low, Canadian GDP shrank by .2%,
Stocks which closed green included AKS TSL
GG OTEX TWTR YHOO LNKD GOOGL
JKS CSIQ AMZN DNKN SU MA V
FEYE CRUS BRCM X ABX
AEM CNQ SLW AGU.....
Here is my weighting :
MU 33.51%
EGO 21.30%
BBRY 14.94%
GPRO 14.24%
TSL 8.89%
AKS 7.12%
Exposure 208%
Next post by 2 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
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