Thursday, December 9, 2021

Indices closed down 0.0% to 1.71%.....

 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:

stocktrader_1996 said...

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

Stocks100 said...


Hi Stocktrader,

Good luck with CXM & more HUBS

Saleem