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
Hi Saleem,
ReplyDeleteSorry, 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,
ReplyDeleteI added this BLOG due to tense market condition.
Good luck with GM.
Saleem