Tuesday, October 3, 2023

Indices closed down 1.29% to 1.87%....

 Indices closed near low of the day on strong jobs data.

S&P 500 @ 4229.45, low 4216.45, high 4281.15

RSI @ 28.66

Internals were :

Down volume led by 3.85 to 1 in NYSE & 2.12 to 1 in Nasdaq

Declining stocks led by 5.61 to 1 in NYSE & 3.48 to 1 in Nasdaq

Net new lows were leading by 647 in NYSE & 535 in Nasdaq

VIX UP 12.32% @ 19.78

Oil @ $89.23

Gold @ $1840.00

Canadian $ @ .6273

Portfolio AI META NVDA PLTR SHOP TSLA BTCC

Stock market reacted to another 16 year high in treasuries yield, 10 year @ 4.795%....It NOT only higher for longer BUT HIGHER HIGHER LONGER....

BLOG does NOT give buy or sell.

Saleem

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