Indices closed down on disappointing earnings and news of Chinese lowest GDP growth of 6% in last 27 years.
S&P 500 @ 2986.20, low 2976.31, high 3000.00
RSI @ 54.93
CMF @ -0.095
Internals were :
Down volume led by .99 to 1 in NYSE & 1.68 to 1 in Nasdaq
Declining stocks led by 1.03 to 1 in NYSE & 1.41 to 1 in Nasdaq
Net new 52 wk highs were leading by 125 in NYSE & 17 in Nasdaq
VIX UP 3.34% @ 14.25
Oil @ $53.78
Gold @ $1494.10
Canadian $ @ .6857
Stocks which were UP 1% or more included CIEN SPWR
AEM LULU AAL CMG.....
Here is my portfolio weighting :
AMD 29.00%
CIEN 22.20%
TWTR 18.20%
LSCC 11.90%
BZUN 11.80%
SPWR 6.90%
Next post on Sunday by 6 PM
BLOG does NOT give buy or sell.
Saleem
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