Thursday, September 7, 2023

Indices closed mixed....

 Indices closed mixed on continued fear of higher interest rates much longer.

S&P 500 @ 4451.14, low 4430.46, high 4457.81

RSI @ 48.31

Internals were :

Down volume led by 2.20 to 1 in NYSE & 1.80 to 1 in Nasdaq

Declining stocks led by 1.80 to 1 in NYSE & 2.03 to 1 in Nasdaq

Net new lows were leading by 86 in NYSE & 235 in Nasdaq

VIX Down .35% @ 14.40

Oil @ $86.87

Gold @ $1942.50

Canadian $ @ .6316

Portfolio AAPL META NVDA SHOP TSLA BTCC

All indices are below 50 DMA again which is NOT a good thing. AAPL Chinese reports are impacting in a negative manner as they may be a screenshot of future actions, started with MU now AAPL...next.....

BLOG does NOT give buy or sell.

Saleem

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