Indices closed down 1.32% to 1.51%....

Indices closed down near low of the day on a new trade dispute, US vs Mexico where US is threatening to slap 5% import duty on all good imported from Mexico by June 10th. This caught market by surprise, thus a negative reaction.

S&P 500 @ 2752.06, low 2750.52, high 2768.98

RSI @ 30.84

CMF @ -0.019

Internals were :

Down volume led by 2.67 to 1 in NYSE & 2.56 to 1 in Nasdaq

Declining stocks led by 2.22 to 1 in NYSE & 2.87 to 1 in Nasdaq

Net new 52 wk lows were leading by 144 in NYSE & 167 in Nasdaq

VIX UP 8.15% @ 18.71

Oil @ $53.50

Gold @ $1311.00

Canadian $ @ .6472

Stocks which closed green included LULU SWN AEM JKS
MRVL LNG MCD ULTA TSM CNX.....

Here is my portfolio weighting :

SQ             31.40%

TSLA        31.20%

ESTC        20.80%

BZUN       16.60%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed