Wednesday, 11 March 2020

Indices closed down 4.70% to 5.86%.....

Indices closed down.

S&P 500 @ 2741.38, low 2707.22, high 2825.60

RSI @ 32.07

CMF @ 0.037

Internals were :

Down volume led by 30.66 to 1 in NYSE & 4.39 to 1 in Nasdaq

Declining stocks led by 13.50 to 1 in NYSE & 8.24 to 1 in Nasdaq

Net new 52 wk lows were leading by 1624 in NYSE & 1023 in Nasdaq

VIX UP 13.95% @ 53.90

Oil @ $33.98

Gold @ $1642.30

Canadian $ @ .6249

In my portfolio Bought AMD @ $44.20

Portfolio AMD HUYA IQ LSCC LK SQ SPWR

Stocks closed in green AMD CLDR

AH news...CSIQ Down 7.99%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE took its direction from spreading infection & deaths worldwide, all arenas and gatherings are being closed. WHO finally admitted to Corona Virus as Pandemic thus market reacted accordingly to new negativity by going into a bear market. President Trump is under intense pressure to save his reelection by delivering some serious approach to contain this pandemic from damaging economy of USA.

BLOG does NOT give buy or sell.

Saleem

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