Indices closed mixed.
S&P 500 @ 3881.37, high 3895.98, low 3805.59
RSI @ 54.83
CMF @ 0.063
Internals were :
Down volume led by 1.03 to 1 in NYSE & 3.38 to 1 in Nasdaq
Declining stocks led by 1.58 to 1 in NYSE & 2.61 to 1 in Nasdaq
Net new 52 wk highs were leading by 234 in NYSE & 161 in Nasdaq
VIX Down 1.45% @ 23.11
Oil @ $61.67
Gold @ $1805.90
Canadian $ @ .7388
Portfolio AAPL BB CNX FSLR MRVL SQ SU
Stocks which closed green included CNX FSLR SU
MGM WYNN TWTR SNAP APA CNQ AAL CCL
PINS SPWR MU INTC PENN ZI TOL DAL MTCH
UBER TD BMO ENPH JD CVX SEDG DHI PHM
IQ LULU BZUN TWLO FB AMZN UAL AMAT
GOOG NFLX LNG YELP LVS MA V M.....
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was in a freefall on yield & inflation jitters which Fed addressed in a convincing manner in testimony. Market did a very convincing V shape UP move getting green all over except in Nasdaq closing number. In my opinion, technology is back in vogue and may outperform in the near term. XLE made a new high today while other Indices were struggling.
BLOG does NOT give buy or sell.
Saleem
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