Wednesday, 18 March 2020

Indices closed down 4.70% to 6.30%....

Indices closed down.

S&P 500 @ 2398.10, low 2280.52, high 2453.57

RSI @ 33.36

CMF @ -0.010

Internals were :

Down volume led by 14.09 to 1 in NYSE & 4.91 to 1 in Nasdaq

Declining stocks led by 13.31 to 1 in NYSE & 8.82 to 1 in Nasdaq

Net new 52 wk lows were leading by 2986 in NYSE & 1679 in Nasdaq

VIX UP .71% @ 76.45

Oil @ $20.37....new 18 year low

Gold @ $1477.90

Canadian $ @ .5463....new 4 year low

In my portfolio AH added 100% LK @ $27.77

Portfolio AMD LK TWTR

Stocks which closed green included BZUN AMZN FEYE
CLVS ORCL OSTK......

AH news.....ACMR UP 15.94%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE followed its pattern of 1 UP and 1 DOWN day and making new Corona Virus lows. Most commentators look tired and disoriented with this TAPE, nobody can make any sense of Corona Virus related market as history is no guide as far as I know. World is united in dealing with this menace as fast as possible. Borders are closing and government are asking everyone to stay home with compensation to follow.

BLOG does NOT give buy or sell.

Saleem

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