Indices closed down 3.10% to 3.58%......

Indices closed down

S&P 500 @ 3023.94, low 2999.83, high 3083.04

RSI @ 38.14

CMF @ 0.041

Internals were :

Down volume led by 9.91 to 1 in NYSE & 2.41 to 1 in Nasdaq

Declining stocks led by 5.90 to 1 in NYSE & 4.76 to 1 in Nasdaq

Net new 52 wk lows were leading by 367 in NYSE & 315 in Nasdaq

VIX UP 23.85% @ 39.62

Oil @ $45.90

Gold @ $1668.00

Canadian $ @ .6597

Portfolio HUYA IQ LSCC LK SQ SPWR

Stocks which closed green by 1% or more included LK SPWR
RUN MRVL CIEN JKS TWLO NEM AEM FEYE YY 
CLVS TRIL SNAP....

AH news...SAIL UP 11.34%, OKTA UP 6.16%

                  AMD UP 6.03%, CY Down 11.31%

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE staged another pullback due to growing infection in USA. Once we get an handle on infected numbers which is not expected to be large, fear of unknown will subside. Market reaction is pretty much correct as we still do not know the impact / severity of economic slowdown. Until then keep buying what you know and feel comfortable holding it.

BLOG does NOT give buy or sell.

Saleem