Indices closed down .55% to .64%......

Indices closed down near low of the day. Internals are heading south. Reason for today's weakness given, that GDP report, which was better than expected ?

S&P 500 @ 2107.39, low 2104.89, high 2120.66

RSI @ 48.90

CMF @ 0.036

Internals were :

Down volume led by 2.25 to 1 in NYSE & 1.78 to 1 in Nasdaq

Declining stocks led by 2.24 to 1 in NYSE & 1.59 to 1 in Nasdaq

Net new 52 wk lows were leading by 7 in NYSE & highs by 47 in Nasdaq

VIX UP 3.98% @ 13.84

Oil @ $60.30

Gold @ $1189.80

Canadian $ @ 75.55

Stocks which were UP 1% or more included AKS SWIR
NXPI KORS EBAY BRCM.....

Here is my weighting :

LULU 25.34%

GPRO 21.83%

BBRY 16.91%

VDSI 12.10%

RAD  11.35%

AKS   8.76%

SWIR  3.71%

Exposure 258%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed