Indices closed down.
S&P 500 @ 3817.66, low 3800.04, high 3854.86
RSI @ 39.59
CMF @ -0.022
Internals were :
Down volume led by 2.68 to 1 in NYSE & 3.62 to 1 in Nasdaq
Declining stocks led by 2.80 to 1 in NYSE & 2.63 to 1 in Nasdaq
Net new lows were leading by 199 in NYSE & 454 in Nasdaq
VIX Down .88% @ 22.42
Oil @ $75.47
Gold @ $1787.70
Canadian $ @ .6357
Portfolio ARKK LSPD PLTR MGM SOL
Stocks which closed green included
JD JKS FSLR ENPH TJX GE CRM
CNQ CIEN CNX UPS BA BABA
SLB ORCL....
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was in selling mode again for 4th day in a row. Selling looks exhausted and we are deeply oversold. Internals were negative. Too much bearish talk on CNBC just going with negative flow, ignore the noise and stay in the market with conviction & patience, this soon shall pass. It may be a turnaround Tuesday.
BLOG does NOT give buy or sell.
Saleem
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