Chinese Flash PMI which was below expectations is taking another toll on world markets. Indices are near low of the day.
S&P 500 @ 1992.23, low 1990.34, high 2034.08
RSI in Dow has reached deeply oversold number of 23.83
Internals are negative by 4 to 1 in NYSE & 2 to 1 in Nasdaq
Oil Down 94 cents
Gold UP $4.40
Canadian $ Down 78 tick @ 68.35
VIX UP 27.22% @ 24.35
Portfolio FB GPRO LULU RAD VDSI
Most stocks are down
@ 2.48 following are green :
LNKD TWTR WUBA MU SINA DNKN AMCC
CIEN GMCR GG Z....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sorry, didn't know there would be an intraday post. Bought some GM near close. 100% exposure, scarily, but this seems way overdone given the data we actually know.
Stocktrader
Hi Stocktrader,
I added this BLOG due to tense market condition.
Good luck with GM.
Saleem
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