Indices closed down 1.44% to 1.65%....

 Indices closed down.

S&P 500 @ 3426.92, low 3419.93, high 3502.42

RSI @ 51.51

CMF @ 0.055

Internals were :

Down volume led by 3.10 to 1 in NYSE & 1.13 to 1 in Nasdaq

Declining stocks led by 2.67 to 1 in NYSE & 2.24 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 91 in Nasdaq

VIX UP 6.46% @ 29.18

Oil @ $40.83

Gold @ $1911.70

Canadian $ @ .6840

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed green included AAL CCL

SPWR DKNG JKS BB SNOW CSIQ JKS MU

SQ ZI SHOP CGC ERI MTCH NTAP UBER

PINS KRA NCLH HUYA BZUN TWLO UAL

SNAP TSM TLRY ACB .....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE opened higher and then went straight down close to 50 DMA where major support exist. This type of action will be normal and what is expected until election is finalized. Be extremely opportunistic which means buy on weak day and sell on strong open repeatedly. Do not get greedy now, there will be a time after election when being greedy may pay off.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed