Indices closed down.
S&P 500 @ 3854.43, low 3847.22, high 3880.94
RSI @ 46.93
CMF @ 0.081
Internals were :
Down volume led by 4.60 to 1 in NYSE & 2.25 to 1 in Nasdaq
Declining stocks led by 2.41 to 1 in NYSE & 2.81 to 1 in Nasdaq
Net new lows were leading by 440 in NYSE & 153 in Nasdaq
VIX UP 6.21% @ 26.17
Oil @ $104.09
Gold @ $1731.70
Canadian $ @ .7016
Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL
Stocks which closed green included
IBM PLAN CNX MA V
ORCL MCD ULTA....
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under selling pressure from open to close. Indices closed near low of the day. Internals were negative. Losses were steep in most stocks. Chinese regulatory environment is getting stricter and close monitoring of Chinese companies data. Covid-19 outbreak and closing for 1 week of Macau played into negativity.
BLOG does NOT give buy or sell.
Saleem
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