Wednesday, August 9, 2023

Indices closed down .54% to 1.17%...

 Indices closed down on renewed selling, closing @ low of the day. It IS all about CPI which IS expected to be hotter and MAY exceed expectations of 4.8%, this hotter number may renew further selling.

S&P 500 @ 4467.71, low 4461.33, high 4502.44

RSI @ 46.31

Internals were :

Down volume led by 1.45 to 1 in NYSE & 1.59 to 1 in Nasdaq

Declining stocks led by 1.18 to 1 in NYSE & 1.63 to 1 in Nasdaq

Net new highs were leading by 34 in NYSE & lows by 109 in Nasdaq

VIX Down .19% @ 15.96

Oil @ $84.40

Gold @ $1950.60

Canadian $ @ .6552

Portfolio SHOP BTCC

BLOG does NOT give buy or sell.

Saleem


2 comments:

stocktrader_1996 said...

Hi Saleem,

On a mini vacation rest of week.

Sold SQQQ @ 18.96
Bought PINS @ 26.13
Added to TYGO @ 11.43

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with PINS & more TYGO

Enjoy well deserved time off.....

Saleem