Monday, December 20, 2021

Indices closed down 1.14% to 1.24%.....

 Indices closed down

S&P 500 @ 4568.02, low 4531.10, high 4587.90

RSI @ 44.04

CMF @ -0.060

Internals were :

Down volume led by 4.55 to 1 in NYSE & 2.13 to 1 in Nasdaq

Declining stocks led by 4.38 to 1 in NYSE & 2.69 to 1 in Nasdaq

Net new 52 wk lows were leading by 336 in NYSE & 396 in Nasdaq

VIX UP 6.03% @ 22.87

Oil @ $68.23

Gold @ $1794.60

Canadian $ @ .7052

Portfolio BTCC CNX HST MGM SNAP SU RIOT NCLH UAL

Stocks which closed green included BTCC NCLH UAL

MRVL RCL CCL AAL PFE LYFT KL CIEN CRWD

ABBV ASML AEM EXPE NFLX LNG....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was in a freefall again on OMICRON spreading with speed worldwide. Indices closed above lows of the day, Internals were negative. RSI @ 44.04 in S&P 500 looks deeply oversold and ready for a technical bounce. MU earnings tonight is a good thing for technology & Semiconductor group.

BLOG does NOT give buy or sell.

Saleem

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