Indices closed down 2.16% to 2.74%......

Indices were down sharply with Dow being down 530 points @ low of the day. Indices closed higher than low. Oil was the main culprit for this sharp move lower.

S&P 500 @ 1880.29, low 1857.83, high 1916.68

RSI @ 31.29

CMF @ -0.147

Internals were :

Down volume led by 8.79 to 1 in NYSE & 7.99 to 1 in Nasdaq

Declining stocks led by 4.90 to 1 in NYSE & 4.72 to 1 in Nasdaq

Net new 52 wk lows were leading by 933 in NYSE & 617 in Nasdaq

VIX UP 12.82% @ 27.02

Oil @ $29.42

Gold @ $1090.70

Canadian $ @ 54.75.......new 13 year low

Stocks which closed green included FCX TCK LVS CMG M 
ABX SLW AEM Z WYNN.....

Here is my weighting :

BIDU 25.91%

FB      20.02%

CNQ   14.77%

CY      12.74%

VDSI   10.85%

BITA     6.47%

JKS        5.43%

BBRY    3.81%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem 

Posted in: Mixed