Wednesday, September 18, 2024

Indices closed down .25% to .31%...

 Indices closed near low of the day in a reversal from new highs.

S&P 500 @ 5618.26, low 5615.08, high 5689.75

Internals :

Down volume led by 1.21 to 1 in NYSE & 1.07 to 1 in Nasdaq

Declining stocks led by 1.14 to 1 in NYSE & 1.36 to 1 in Nasdaq

Net new highs were leading by 668 in NYSE & 253 in Nasdaq

VIX UP 3.52% @ 18.23

Oil @ $70.91

Gold @ $2598.60

Canadian $ @ .6389

Portfolio LULU MSFT NVDA BTCC.B SHOP CMG BTC AAPL SMCI

Fed as expected lowered interest rate by 50 basis as Fed Chief was very confident about US economy.

BLOG does NOT give buy or sell.

Saleem

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