Indices closed UP.
S&P 500 @ 4410.13, high 4417.35, low 4222.62
RSI @ 28.55
CMF @ -0.100
Internals were :
Down volume led by 1.08 to 1 in NYSE & .86 to 1 in Nasdaq
Declining stocks led by 1.49 to 1 in NYSE & 1.09 to 1 in Nasdaq
Net new lows were leading by 1086 in NYSE & 1734 in Nasdaq
VIX UP 3.64% @ 29.90, high today 38.94..new 52 wk high...
Oil @ $83.31
Gold @ $1841.70
Canadian $ @ .7310
Portfolio HST BTCC SNAP MGM NCLH PLTR RIOT UAL
Stocks which closed green today included MGM RIOT
APA CNX AMAT SPWR AFRM TJX MU LULU CRM
M ARKK BYD ROKU QCOM QRVO SWKS LAC PINS
RUN DKNG SNOW NXPI PENN DOCU ZI SHOP TOL
ZM ESTC DDOG KBH TER DHI PHM TWLO LRCX
SPLK OLED LVS OSTK ULTA ULTA CMG X....
AH Futures Down
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE was in a freefall with Dow down 1115 points and Nasdaq down 4.9%, by close all 3 major indices were green. Russell 2000 touched bear market by being down 20%. Internals were extremely negative with highest new lows reached 1700+. There is too much euphoria about today's reversal which may be premature as retest may be a given.
BLOG does NOT give buy or sell.
Saleem
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