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
Hi Saleem,
ReplyDeleteI'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
ReplyDeleteHi Stocktrader,
Exactly my analysis.
Saleem