Indices closed down.
S&P 500 @ 4667.45, low 4665.98, high 4695.26
RSI @ 54.44
CMF @ -0.082
Internals were :
Down volume led by 2.87 to 1 in NYSE & 2.31 to 1 in Nasdaq
Declining stocks led by 3.03 to 1 in NYSE & 3.06 to 1 in Nasdaq
Net new 52 wk lows were leading by 1 in NYSE & 39 in Nasdaq
VIX UP 8.44% @ 21.58
Oil @ $70.94
Gold @ $1776.70
Canadian $ @ .7297
Portfolio CNX HST MGM SNAP NCLH UAL
Stocks which closed green included
TWTR SWKS IBM
PFE CIEN TOL JD
LITE UPS CRUS
MCD MA V....
AH Futures Mixed
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE was negative @ close with Nasdaq being weakest, Indices closed near low of the day. Internals were negative. There is tremendous anxiety about inflation being highest in history when CPI is reported @ 830 AM, IF that happens there may be selling @ open which should be bought.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold ESTC @ 117.46 on relative weakness, even in the face of upgrades
Bought CXM @ 15.05 on good earnings and outlook
Added to HUBS @ 718.83 on the pullback
Stocktrader
Hi Stocktrader,
Good luck with CXM & more HUBS
Saleem
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