Indices closed down.
S&P 500 @ 3357.01, low 3328.82, high 3375.17
RSI @ 46.51
CMF @ 0.101
Internals were :
Down volume led by 1.30 to 1 in NYSE & 1.27 to 1 in Nasdaq
Declining stocks led by 1.61 to 1 in NYSE & 1.36 to 1 in Nasdaq
Net new 52 wk highs were leading by 48 in NYSE & 34 in Nasdaq
VIX UP 1.61% @ 26.46
Oil @ $40.97
Gold @ $1949.90
Canadian $ @ .6792
Portfolio AAL APA CCL AG FCX MGM RXT SU
Stocks which were UP 1% or more included FCX RXT
MU MRVL LYFT PENN NIO DKNG ZI GAN ZM
KRA ELF HUYA ASML OXY WB X....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed down but off their lows as buyers stepped in to buy stocks which were out of favor, it seems that rotation has taken place but still a mixed situation, some old favorites still getting buyers @ low / support. Expect Friday to be a positive day as selling seems to be exhausted with RSI @ bargain buying point.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Stocktrader,
Sold RXT @ $18.05.
Saleem
Hi Saleem,
Good luck with your next pick.
Stocktrader
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