Wednesday, September 6, 2023

Indices closed down .57% to 1.06%....

 Indices closed down on hotter than expected ISM report rekindling fear of high high interest rate in USA. Canadian Central Bank kept its rate unchanged.

S&P 500 @ 4465.48, low 4442.38, high 4490.35

RSI @ 50.35

Internals were :

Down volume led by 1.89 to 1 in NYSE & 1.58 to 1 in Nasdaq

Declining stocks led by 2.05 to 1 in NYSE & 1.97 to 1 in Nasdaq

Net new lows were leading by 67 in NYSE & 132 in Nasdaq

VIX UP 3.14% @ 14.45

Oil @ $87.54

Gold @ $1944.20

Canadian $ @ .6339

Portfolio AAPL META NVDA SHOP TSLA BTCC

We did NOT close @ low of the day which IS a good thing.

BLOG does NOT give buy or sell.

Saleem

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