Indices closed down to see how inflation data CPI & PPI comes on Wednesday & Thursday. Indices closed near low of the day.
S&P 500 @ 4461.90, low 4456.83, high 4487.11
RSI @ 49.73
Internals were :
Down volume led by .81 to 1 in NYSE & .85 to 1 in Nasdaq
Declining stocks led by 1.15 to 1 in NYSE & 1.24 to 1 in Nasdaq
Net new lows were leading by 33 in NYSE & 135 in Nasdaq
VIX UP 3.12% @ 14.23
Oil @ $88.84
Gold @ $1935.10
Canadian $ @ .6443
In my portfolio :
Sold AAPL @ $26.31
Bought AI @ $28.56
Portfolio AI META NVDA SHOP TSLA BTCC
Internals were mostly weak & negative. Any addition or new purchase should be opportunistic based on RSI & strong prospect going forward. Buying must not be feared IF it is the right stock. Inflation data may give you a good entry point or an all clear signal @ 830 AM.
BLOG does NOT give buy or sell.
Saleem
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