Thursday, June 3, 2021

Indices closed down .07% to 1.03%....

 Indices closed down.

S&P 500 @ 4192.85, low 4167.93, high 4204.39

RSI @ 55.05

CMF @ -0.035

Internals were :

Down volume led by 1.36 to 1 in NYSE & .72 to 1 in Nasdaq

Declining stocks led by 1.45 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 254 in NYSE & 95 in Nasdaq

VIX UP 3.20% @ 18.04

Oil @ $68.81

Gold @ $1873.30

Canadian $ @ .7880

Portfolio CNX HST LULU MGM NIO WEED.TO

Stocks which closed green included SU BB SCHW

PFE NRNA CIEN ESTC NTAP NVAX NVDA 

FFIV SLB LNG MGA ORCL MS TLRY....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed down on jobs data and upcoming Jobs report @ 830 AM on Friday. Market is very sensitive to strong jobs data and average wages which may be interpreted as Fed excuse to tinkering with rates, this is premature.

BLOG does NOT give buy or sell.

Saleem

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