Thursday, October 19, 2023

Indices closed down .75% to 1.51%....

 Indices closed down in high volume selling.

S&P 500 @ 4278.00, low 4269.69, high 4339.54

RSI @ 40.50

Internals were :

Down volume led by 3.62 to 1 in NYSE & 2.52 to 1 in Nasdaq

Declining stocks led by 3.96 to 1 in NYSE & 2.96 to 1 in Nasdaq

Net new lows were leading by 506 in NYSE & 435 in Nasdaq

VIX UP 11.34% @ 21.40

Oil @ $89.37

Gold @ $1980.50

Canadian $ @ .6279

Portfolio AI LYFT META NVDA PLTR SHOP TSLA BTCC

Stocks resumed their downtrend on Fed Chief renewed call for higher rates, treasury rates hitting north of 5%.....

BLOG does NOT give buy or sell.

Saleem

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