Indices closed down.
S&P 500 @ 4188.43, low 4188.13, high 4236.39
RSI @ 57.86
CMF @ 0.048
Internals were :
Down volume led by 1.85 to 1 in NYSE & 2.44 to 1 in Nasdaq
Declining stocks led by 1.88 to 1 in NYSE & 3.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 919 in NYSE & 187 in Nasdaq
VIX UP 17.80% @ 19.66
Oil @ $64.92
Gold @ $1837.60
Canadian $ @ .7904
In my portfolio Sold VUZI @ $15.75 in AH
Portfolio ACB CNX AG HST MGM NIO SQ
Stocks which closed green included CNX
APA COIN TRIP IBM PFE GOLD
GOOS NEM KL KBH DHI PHM
MCD FEYE YELP WB....
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was in a freefall in Technology from open BUT DOW was the-most resilient until last 15 minutes when it also succumbed to selling pressure. Today's reversal in DOW and most strong stocks is very alarming from technical point of view, this may be a tell tale of market trend in near term. Please look @ your Portfolio and prune any vulnerable stocks, comfort level needs to be very high going forward. Watch how we close on a daily basis.
BLOG does NOT give buy or sell.
Saleem
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