Wednesday, October 18, 2023

Indices closed down .98% to 2.11%....

 Indices closed down near low of the day with Russell 2000 was the weakest.

S&P 500 @ 4314.60, low 4303.84, high 4364.20

RSI @ 44.59

Internals were :

Down volume led by 4.89 to 1 in NYSE &  2.32 to 1 in Nasdaq

Declining stocks led by 4.67 to 1 in NYSE & 3.28 to 1 in Nasdaq

Net new lows were leading by 339 in NYSE & 272 in Nasdaq

VIX UP 7.49% @ 19.22

Oil @ $88.32

Gold @ $1968.30

Canadian $ @ .6299

In my portfolio...added 40% LYFT @ $10.52

Portfolio AI LYFT META NVDA PLTR SHOP TSLA BTCC

Stocks faced rising Middle East tension, highest treasury rates in 16 years thus slump in equities.

BLOG does NOT give buy or sell.

Saleem

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