Indices closed down 1.90% to 2.74%......

Indices closed down.

S&P 500 @ 2581.88, low 2553.80, high 2638.30

RSI @ 36.84

CMF @ -0.141

Internals were :

Down volume led by 10.40 to 1 in NYSE & 5.70 to 1 in Nasdaq

Declining stocks led by 4.19 to 1 in NYSE & 4.14 to 1 in Nasdaq

Net new 52 wk lows were leading by 114 in NYSE & 138 in Nasdaq

VIX UP 18.28% @ 23.62

Oil @ $63.01

Gold @ $1346.90

In my portfolio :

Sold MU @ $49.85 in AH

Bought MOMO @ $36.66 in AH

AH news...SGMO UP 4.52%, MNKD UP 2.3%
                 ENPH Down 2.44%

AH Futures UP

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE was in a sell mode in reaction to Chinese tariffs, S&P 500 closed below 200 DMA, Down went below 200 DMA but closed above, Nasdaq has not pierced 200 DMA. Technicals were extremely negative when major indices are trading below 200 DMA. Internals were weak. Monitor your portfolio for relative strength  / weakness and make swaps when its attractive.

BLOG does NOT give buy or sell.

Saleem