Friday, August 21, 2015

Indices down 2.07% to 2.23%....

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:

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

I added this BLOG due to tense market condition.

Good luck with GM.

Saleem