Indices closed down .57% to .87%.....

 Indices closed down and a down week due to extended rally which we have witnessed since October 2020. Internals were weak.

S&P 500 @ 3768.25, low 3749.62, high 3788.73

RSI @ 57.06

CMF @ 0.127

Internals were :

Down volume led by 2.40 to 1 in NYSE & 1.10 to 1 in Nasdaq

Declining stocks led by 2.20 to 1 in NYSE & 2.24 to 1 in Nasdaq

Net new 52 wk highs were leading by 168 in NYSE & 214 in Nasdaq

VIX UP 4.69% @ 24.34

Oil @ $52.36

Gold @ $1829.90

Canadian $ @ .7285

In my portfolio in pre market :

Sold SU @ $19.19

Sold CNX @ $13.65

Following stocks closed green BB CNX

CIIC SNAP PANW DADA HEXO PLAN 

TOL ERI MTCH ZM ESTC KBH APHA

LITE BMO GILD DHI PHM WB BZUN

MCD TWLO FB CRUS BABA FFIV LNG 

FB ORCL MCD KBH TLRY ACB....

Here is my portfolio weighting on 46% exposure :

MGM        39.87%

AAL          27.32%

CCL         20.87%

TECK      11.04%

Next post on Monday by 6 PM as markets are closed in USA on Monday due to Martin Luther King holiday. World markets and Toronto open as usual on Monday.

BLOG does NOT give buy or sell.

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