Thursday, August 25, 2016

Indices down .06% to .18%.....

Indices are lower despite better than expected economic data. Fed regional presidents continues to put fear in the market by saying interest rates must go up gradually on a daily basis. Market is prepared for 1 interest rate hike this year and may rally on "buy the news"

S&P 500 @ 2173.33, low 2170.20, high 2179.00

Internals are positive

Oil UP 17 cents

Gold Down $4.00

Canadian $ Down 2 tick @ .7074

VIX UP 2.83% @ 13.83

Portfolio AKS GOOG CNQ CMG GG JCP VRX

Most stocks are UP

@ 2.09 following are red :

GG NTES UA TSLA PANW AAPL JKS DATA
WYNN FCX AGU .....

BLOG does NOT give buy or sell.

Saleem

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