Indices closed down @ low of the day below critical support in all Indices. Nasdaq continues to be the leading indicator for this corrective action. Most other strong groups like energy, base metals took it on the chin, a sure sign all is not well.
S&P 500 @ 4397.94, low 4395.34, high 4494.52
RSI @ 26.91
CMF @ -0.179
Internals were :
Down volume led by 6.39 to 1 in NYSE & 5.30 to 1 in Nasdaq
Declining stocks led by 4.26 to 1 in NYSE & 4.34 to 1 in Nasdaq
Net new lows were leading by 701 in NYSE & 1299 in Nasdaq
VIX UP 12.74% @ 28.85
Oil @ $85.14
Gold @ $1831.80
Canadian $ @ .7456
Stocks which closed green included
TJX GAN GILD NKE XLNX BYND
MCD LVS.....
Here is my portfolio weighting based on 47% exposure :
HST 48.16%
UAL 19.62%
NCLH 9.44%
BTCC 8.02%
MGM 6.43%
SNAP 5.04%
RIOT 3.29%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment