Indices closed down sharply lower on renewed trade war strategy.Dow was down 767 points @ low of the day.All indices closed above 200 DMA although S&P 500 dipped below before close
S&P 500 @ 2604.47, low 2586.27, high 2656.88
RSI @ 41.82
CMF @ -0.213
Internals were :
Down volume led by 11.28 to 1 in NYSE & 2.31 to 1 in Nasdaq
Declining stocks led by 3.88 to 1 in NYSE & 3.59 to 1 in Nasdaq
Net new 52 wk lows were leading by 29 in NYSE & 22 in Nasdaq
VIX UP 13.46% @ 21.49...high today 23.12
Oil @ $62.06
Gold @ $1336.10
Canadian $ @ .7234
Stocks which closed green included BZUN SPWR ABX GG AEM
OSTK ULTA.......
Here is my portfolio weighting :
NVDA 29.70%
FSLR 25.70%
BZUN 16.00%
SNAP 15.10%
MOMO 13.40%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
\Saleem
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