Indices closed down.
S&P 500 @ 3898.85, low 3885.54, high 3922.94
RSI @ 48.85
CMF @ 0.137
Internals were :
Down volume led by 2.12 to 1 in NYSE & 2.54 to 1 in Nasdaq
Declining stocks led by 1.49 to 1 in NYSE & 1.70 to 1 in Nasdaq
Net new highs were leading by 8 in NYSE & 39 in Nasdaq
VIX UP 0.88% @ 20.52
Oil @ $80.33
Gold @ $1923.90
Canadian $ @ .6503
Portfolio ARKK LSPD MGM SOL
Stocks which closed green included
JD PDD BABA BISU APA SU
CNQ CVX OXY SNAP CCJ
FCX TECK CRM WYNN
PAAS AEM NEM GOLD
PINS MTCH META EXPE
GOOG YELP BROS V...
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed near low of the day again, Internals were negative. Looks like Fed team accomplished in inflicting two day's of pain to bulls but shorts benefitted. We should rally from hereon as yields remains @ low levels to convince Fed to follow the real market. Mortgage rates have peaked also and headed lower.
BLOG does NOT give buy or sell.
Saleem
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