20:51
Unknown
Indices closed down on failure to prevent shutdown.
S&P 500 @ 1681.55, low 1674.99...50 DMA @ 1679.97
RSI @ 48.32
CMF @ 0.062
Internals were :
Down volume led by 2.47 to 1 in NYSE & 1.56 to 1 in Nasdaq
Declining stocks led by 1.53 to 1 in NYSE & 1.19 to 1 in Nasdaq
Net new 52 wk highs were leading by 29 in NYSE & 82 in Nasdaq
VIX Down 7.37% @ 16.60
Oil @ $102.33
Gold @ $1327.00
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, US politician are busy in running the clock to midnight without any real effort to resolve anything. I think TAPE will react to "no deal". Any weakness to be taken in stride because shutdown will have a backlash & politicians will be forced into compromise. I expect some kind of deal by Wednesday midnight after "posturing is played out"......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1681.55, low 1674.99...50 DMA @ 1679.97
RSI @ 48.32
CMF @ 0.062
Internals were :
Down volume led by 2.47 to 1 in NYSE & 1.56 to 1 in Nasdaq
Declining stocks led by 1.53 to 1 in NYSE & 1.19 to 1 in Nasdaq
Net new 52 wk highs were leading by 29 in NYSE & 82 in Nasdaq
VIX Down 7.37% @ 16.60
Oil @ $102.33
Gold @ $1327.00
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, US politician are busy in running the clock to midnight without any real effort to resolve anything. I think TAPE will react to "no deal". Any weakness to be taken in stride because shutdown will have a backlash & politicians will be forced into compromise. I expect some kind of deal by Wednesday midnight after "posturing is played out"......
BLOG does NOT give buy or sell.
Saleem
Posted in: Mixed
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