Friday, November 9, 2018

Indices closed down .77% to 1.65%....

Indices were down on concern for worldwide economic slowdown, that should slow down fed focus on increasing interest rates. Most Index went to their support and turned higher from that level, a retest of support appears to be done.

S&P 500 @ 2781.01, low 2764.24, high 2794.10

RSI @ 51.24

CMF @ 0.105

Internals were :

Down volume led by 2.37 to 1 in NYSE & 3.25 to 1 in Nasdaq

Declining stocks led by 2.21 to 1 in NYSE & 2.95 to 1 in Nasdaq

Net new 52 wk lows were leading by 86 in NYSE & 83 in Nasdaq

VIX UP 3.83% @ 17.36

Oil @ $60.19

Gol;d @ $1208.60

Canadian $ @ .6765

Stocks which closed green included CHK RIG MLNX FNSR 
ORCL MCD ULTA KBH CMG IBM CNX......

In my portfolio bought SQ @ $73.40

Portfolio BIDU KORS MOMO SQ

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

No comments: