Indices closed down.
S&P 500 @ 4320.82, low 4289.37, high 4330.88
RSI @ 61.26
CMF @ 0.282
Internals were :
Down volume led by 4.70 to 1 in NYSE & 1.43 to 1 in Nasdaq
Declining stocks led by 3.13 to 1 in NYSE & 1.98 to 1 in Nasdaq
Net new 52 wk high were leading by 54 in NYSE & lows by 74 in Nasdaq
VIX UP 17.28% @ 19.00
Oil @ $72.94
Gold @ $1800.20
Canadian $ @ .7462
Portfolio CNX HST MGM WEED XPEV NCLH RIOT UAL
Stocks which closed green included CNX HST
BB PLTR ACB M ROKU FUBO RIDE IBM
GAN SNOW PENN MTCH NVAX KRA
MRNA NKE BA TSLA AMZN DDD
OXY OSTK M.....
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold UP
About market, TAPE was in a freefall with DOW slumping 536 area. Reason for all this 10 year yield trading @ 1.25%, too much of a good thing even for technology stocks, IF its too good to be true be afraid prevailed. Market was simply overbought thus this pullback. Internals were negative 4th day in a row.
BLOG does NOT give buy or sell.
Saleem
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