Indices closed UP.
S&P 500 @ 4566.48, high 4572.62, low 4537.36
RSI @ 66.89
CMF @ 0.111
Internals were :
UP volume led by 1.69 to 1 in NYSE & 3.24 to 1 in Nasdaq
Advancing stocks led by 1.91 to 1 in NYSE & 1.77 to 1 in Nasdaq
Net new 52 wk highs were leading by 310 in NYSE & 168 in Nasdaq
VIX Down 1.23% @ 15.24
Oil @ $83.76
Gold @ $1806.80
Canadian $ @ .7624
Portfolio CNX HST MGM SNAP XPEV NCLH UAL
Stocks which were UP 2% or more included CNX XPEV
PYPL SOL BITO PLTR AFRM RIOT NIO SU TECK
SQ COIN X FSLR LAC FCX CLF MSTR RUN AMD
SPWR SEDG MRNA TSLA DDD QS FSR OXY
LNG OSTK....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE fought back mild selling due to earnings jitters about FB which was mixed but stock acted positively after hours, a sign that technology selling has been overdone. Oil was the superstar with a new 7 year high , while base metals & steels kept going UP. It was a banner day for EV stocks with TSLA , XPENG, QS made huge move UP or went to new all time high.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I'm back home now!
The reaction to SNAP was disappointing - hopefully we can pick up those pieces from these levels. User growth still strong, and revenues hiccups should prove temporary.
Stocktrader
Hi Stocktrader,
Exactly my analysis.
Saleem
Post a Comment