Indices closed down .28% to 1.17%.....

Indices closed down.

S&P 500 @ 2912.43, low 2892.47, high 2930.91

RSI @ 57.87

CMF @ 0.110

Internals were :

Down volume led by 2.97 to 1 in NYSE & 1.80 to 1 in Nasdaq

Declining stocks led by 2.58 to 1 in NYSE & 2.81 to 1 in Nasdaq

Net new 52 wk highs were leading by 13 in NYSE & 20 in Nasdaq

VIX UP 9.35% @ 34.15

Oil @ $18.84

Gold @ $1694.20

Canadian $ @ .6086

Portfolio AMD AAL CIEN CNX CLDR DDOG MU SU TWTR

Stocks which closed green included... DDOG
MSFT AAPL GILD ROKU BIDU BA WB
HUYA FB AMZN FEYE GOOG NFLX 
YY LNG OSTK....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was overbought big time Wednesday night, every stock was making another move higher by 7% to 10% AH on FB and other earnings report, FB jumped $30 last night, a sign of euphoria taking place. I have a feeling that we may have made a top in technology stocks for now. I will be looking to reduce my exposure in an opportunistic manner.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed