Friday, October 8, 2021

Indices closed down .03% to .51%....

 Indices closed down after a huge miss on Jobs creation. Market however behaved in a manner which gives confidence despite that " all is well ".....Market closed near low of the day with Internals slightly negative.

S&P 500 @ 4391.34, low 4386.22, high 4412.02

RSI @ 48.49

CMF @ -0.149

Internals were :

Down volume led by .92 to 1 in NYSE & 1.24 to 1 in Nasdaq

Declining stocks led by 1.24 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk high were leading by 79 in NYSE & lows by 36 in Nasdaq

VIX Down 3.94% @ 18.77

Oil @ $79.35

Gold @ $1757.40

Canadian $ @ .7520

Stocks which were UP 1% or more included CNX

AFRM SU AG TECK APA M FSLR CSIQ CNQ

SCHW MSTR BIDU BABA JD ESTC CVX

QS OXY SLB JKS LVS MGA ORCL OSTK.....

Here is my portfolio weighting :

HST      23.85%

CNX     22.89%

MGM   17.89%

UAL     11.87%

XPEV    7.07%

NCLH   6.36%

RIOT    6.24%

SOL     3.83%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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