Tuesday, 4 October 2016

Indices closed down .21% to .50%......

Indices closed down.

S&P 500 @ 2150.50, low 2144.01, high 2165.46

RSI @ 47.23

CMF @ -0.018

Internals were :

Down volume led by 2.30 to 1 in NYSE & 1.60 to 1 in Nasdaq

Declining stocks led by 2.59 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 43 in NYSE & 53 in Nasdaq

VIX UP .44% @ 13.63

Oil @ $48.69

Gold @ $1269.70

In my portfolio..Bought 5 minutes before close TWLO $60.96

Portfolio CNQ CMG LULU NTNX TWLO VRX

AH ER...MU Down 5.22%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under selling pressure as British pound took a beating to several decades low and Gold was pounded to below support @ $1269.70. Sometimes TAPE is in reactive mode to other things like currency and metals, today was just that day on US$ strength. Wednesday, we may recover, as close was half decent today. I shuffled my tech portion of portfolio to get more beta.

BLOG does NOT give buy or sell.

Saleem

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