Indices closed down,
S&P 500 @ 3700.65, low 3662.71, high 3769.99
RSI @ 54.98
CMF @ 0.185
Internals were :
Down volume led by 1.93 to 1 in NYSE & .52 to 1 in Nasdaq
Declining stocks led by 2.14 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 336 in NYSE & 279 in Nasdaq
VIX UP 18.55% @ 26.97
Oil @ $47.62
Gold @ $1956.60
Canadian $ @ .7216
In my portfolio :
Sold AG @ $14.40
Added 40% MGM @ $30.40
Portfolio AAL APA BB CCL CNX MGM SU TECK
Stocks which closed green included APA CNX TECK
AG FCX MSTR SQ RIDE NKLA NIO TSLA PINS
IAG JKS KL CSIQ GOLD NXPI DADA NEM CNQ
CGC LITE MRNA LRCX IQ HUYA LULU TSM
AEM FSLR OSTK X ACB TLRY....
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE opened higher made new all time high then plummeted down 700 in DOW, similar losses in S&P 500 & Nasdaq. There was slight improvement by close. Reason for this reversal was rotation, Georgia election & weakness in Chinese economy. Hopefully turnaround Tuesday will see a strong close despite advance polling speculation about Georgia election.
BLOG does NOT give buy or sell.
Saleem
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