Tuesday, 3 May 2016

Indices down .64% to .72%......

Indices are reacting to Chinese economic slowdown and resurgence of US$ which is taking a toll on commodities and its related stocks. European growth target was cut today. Indices are trying to stage a comeback.

S&P 500 @ 2067.56, low 2054.89, high 2077.18

Internals are negative by 3 to 1 in NYSE & 2 to 1 in Nasdaq

Oil Down $1.10

Gold Down $6.40

Canadian $ Down 1.74 cent @ .7299

VIX UP 3.54% @ 15.20.....looks good for equities recovery.....

Portfolio BIDU CNQ CMG FEYE JKS NTES JCP
SBUX TWTR

Most stocks are down

@ 2.04 following are green :

CMG AAPL QRVO SINA YELP AAL MCD 
WYNN TRIP......

BLOG does NOT give buy or sell.

Saleem

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