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Stocks near day's lows, as weekly gains have been lost on today's pullback

Intra-day trend has accelerated to lows of the day, prices aren't yet at areas to buy, and look to likely challenge 2081-2 for June futures, 2073-5 for Sept futures into next week-  Breadth is around 4.5/1 negative but nearly double that in volume into Declining vs Advancing issues, producing a TRIN of 1.7 as of now, or near capitulatory readings.  8 of the major 10 S&P sectors are down more than 1%, with Energy leading all others to the downside, lower by 2.2% while Telecom is positive and Staples, Utes only lower by -0.25-0.50%.  Small caps are lagging along with Transports which are lower by 1.7%-  Treasury yields have fallen further today, with 10yr down at 1.63, but nearing very important support at 1.60% and Demark indicators have crept up to suggest potentially a turn back higher in yields next week-  US Dollar showing very sharp gains today and WTI crude down to support at 49, but still not too much weakness overall for Equities just yet, with prices still above last week's lows, but todays selloff has turned weekly performance negative for the market, as it won't yet breakout to near last July highs as of this week-   Key gainers today- HRB, WAG, VZ, EMN, WY, KR, COST , while on the downside- NRG, CHK, EDNP, SWN, MUR, DVN, URBN-   Let me know if you have questions- tx

Globally, stocks remain in much weaker shape than US, and as this chart of Bloomberg World index , factoring out the US Dollar, using theBEWI index, shows prices failing to have exceeded april highs and now turning down-  May lows will be important, and under that level on a close would argue for a more severe breakdown in global indices, which for now isn't expected.