Indices closed down.
S&P 500 @ 3374.85, low 3369.66, high 3399.54
RSI @ 65.42
CMF @ 0.300
Internals were :
Down volume led by 1.80 to 1 in NYSE & 1.09 to 1 in Nasdaq
Declining stocks led by 1.62 to 1 in NYSE & 1.19 to 1 in Nasdaq
Net new 52 wk highs were leading by 140 in NYSE & 84 in Nasdaq
VIX UP 4.79% @ 22.54
Oil @ $42.93
Gold @ $1970.30
Canadian $ @ .6825
Portfolio AAL APA CCL MGM MSFT SQ SU TLRY
Stocks which were UP 1% or more included CCL
NKLA CIEN ESTC NTAP PDD JD ELF NCLH
NKE SPWR RUN LULU UAL FSLR PANW
TWTR ORCL OSTK....
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE started in record territory for Nasdaq & S&P 500 with another all time high on an intraday basis. By close all major indices were in red and near low of the day. Fed minutes got the blame for down move after 2 PM. Market will be a lot more unpredictable going forward but being diversified will benefit from rotation.
BLOG does NOT give buy or sell.
Saleem
1 comment:
Hi guys,
Sold WEN @ 21.67 on lack of innovation compared to peers
The stock price has been pretty sluggish for a while, so despite small competitors leaving the food space, I think there may be better stocks here. I look at EAT and YUM and think they are moving in the right directions.
Stocktrader
Post a Comment