CLOSING NUMBERS

Markets ran into another bout of selling this PM on the heels of selling in recent favorites AAPL GOOG and GS.

Sector winners were trannies and metals while semis, tech, software, internets, biotechs and brokers led the losers.

Market internals flipped from nicely green in the morning to a red 1,250 into the close.

The QQQQ has now plummeted to a 2 day RSI near 15 as it tumbled to 43.75. The buy signal typically kicks in at a reading under 10, so with a weak open tomorrow, we should hit it, unless of course the NAZ is in a sustained downturn, then don't buy it.

Another signal coming up is the VIX stretch as it is now at the 110% of the 10 day SMA. There you have it, on the heels of two buy signals.

Just a little rehash of the performance of some of the equities/indexes often mentioned on this site as of sometime today:


SPX +12.8%

QQQQ +8.3%

IWM +18%

HHH -19%

SMH -6%

GOOG +16.66%

GS +57%

INTC -17%

SSRI +102%

MSFT +11%

OIH +13.4%

XLE + 20%

So it goes.