Indices closed down.
S&P 500 @ 3426.92, low 3419.93, high 3502.42
RSI @ 51.51
CMF @ 0.055
Internals were :
Down volume led by 3.10 to 1 in NYSE & 1.13 to 1 in Nasdaq
Declining stocks led by 2.67 to 1 in NYSE & 2.24 to 1 in Nasdaq
Net new 52 wk highs were leading by 96 in NYSE & 91 in Nasdaq
VIX UP 6.46% @ 29.18
Oil @ $40.83
Gold @ $1911.70
Canadian $ @ .6840
Portfolio AAL APA CCL AG MGM RUN SU
Stocks which closed green included AAL CCL
SPWR DKNG JKS BB SNOW CSIQ JKS MU
SQ ZI SHOP CGC ERI MTCH NTAP UBER
PINS KRA NCLH HUYA BZUN TWLO UAL
SNAP TSM TLRY ACB .....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE opened higher and then went straight down close to 50 DMA where major support exist. This type of action will be normal and what is expected until election is finalized. Be extremely opportunistic which means buy on weak day and sell on strong open repeatedly. Do not get greedy now, there will be a time after election when being greedy may pay off.
BLOG does NOT give buy or sell.
Saleem
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