Indices closed down 9.43% to 9.99%.....

Indices closed down.

S&P 500 @ 2480.64, low 2478.86, high 2660.95

RSI @ 25.48

CMF @ -0.062

Internals were :

Down volume led by 12.12 to 1 in NYSE & 9.54 to ! in Nasdaq

Declining stocks led by 23.63 to 1 in NYSE & 17.60 to 1 in Nasdaq

Net new 52 wk lows were leading by 3134 in NYSE & 2081 in Nasdaq

VIX UP 40.02% @ 75.47

Oil @ $31.50

Gold @ $1590.30

Canadian $ @ .6127

In my portfolio

Bought TWTR @ $27.88
Added 200% AMD @ $41.58

Sold SQ @ $51.80
Sold SPWR @ $5.19
Sold HUYA @ $15.50

Portfolio AMD IQ LSCC LK TWTR

Stock which closed green CNX

AH news....AVGO Down 9.73%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE closed @ low of the day and is breaking record of fastest % decline in history, did not like the way market was closing so Sold HUYA & SPWR right before close and sold SQ in AH. Corona Virus is finally taking hold firmly in US & Canada with very high profile celebrity taking precaution and staying home and being monitored. Most Schools, arenas, activities are being cancelled all over the world, crowd situation needs to be avoided. On all metrics we are deeply oversold BUT emotion & panic is setting in.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed