Indices are struggling going back and forth in positive negative mode.
S&P 500 @ 1938.40, low 1932.57, high 1949.52
Internals are negative
Oil Down $1.76
Gold UP $5.70
Canadian $ Down 59 tick @ 66.73
VIX Down 1.92% @ 22.01
Portfolio BIDU CNQ FB LULU NXPI RAD TSL VDSI
Most stocks are down
@ 2.48 following are green :
FB GOOGL AAPL LEN DNKN CMG FFIV MA V
HIMX QIHU SPLK SBUX MCD DATA BRCM
MLNX....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
It feels like the market is really stuck in the mud now. No impetus to buy, but sellers are washed out. I think I also got caught in the month/quarter-end AMBA trap. It might stay weak through the end of the week despite what I believe is continuing positive buzz about future industries that need AMBA's chips.
Stocktrader
Hi Stocktrader,
YES....stuck in the mud...it is
Except for very few stocks, every stock is being taken down below any support....sign of a very weak TAPE.
Saleem
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