Indices closed down 1.44% to 2.20%....

Indices closed down.

S&P 500 @ 2783.36, low 2761.54, high 2801.88

RSI @ 53.51

CMF @ 0.117

Internals were :

Down volume led by 8.63 to 1 in NYSE & 1.85 to 1 in Nasdaq

Declining stocks led by 4.77 to 1 in NYSE & 3.43 to 1 in Nasdaq

52 wk net lows were leading by 26 in NYSE & 1 in Nasdaq

VIX UP 8.16% @ 40.84

Oil @ $19.87

Gold @ $1740.20

Canadian $ @ .5880

In my portfolio...bought TWTR @ $27.18

Portfolio AAL APA CCL CIEN CNX JD MGM SU TWTR

Stocks which closed green included AAL CNX JD
ROKU SHOP BA LULU TWLO TSLA AMZN
UAL MTCH BABA NFLX......

AH futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE opened lower and closed near low of the day. Economic data in USA was weak as expected under Corona shutdown, but market was surprised and extensive 2 cents analysis carried on whole day. These pullbacks gives you a chance to rethink about your portfolio and adjust based on current momentum. Strong stocks exists in each sector, so pay attention in your selection.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed