Monday, December 13, 2021

Indices closed down .89% to 1.39%.....

 Indices closed down

S&P 500 @ 4668.97, low 4667.60, high 4710.30

RSI @ 53.60

CMF @ -0.083

Internals were :

Down volume led by 3.15 to 1 in NYSE & 1.72 to 1 in Nasdaq

Declining stocks led by 2.30 to 1 in NYSE & 2.54 to 1 in Nasdaq

Net new 52 wk lows were leading by 63 in NYSE & 268 in Nasdaq

VIX UP 8.67% @ 20.31

Oil @ $71.29

Gold @ $1788.30

Canadian $ @ .7201

Portfolio CNX HST MGM SNAP NCLH UAL

Stocks which closed green included

SOL SPWR CSIQ JKS

NVTA PFE MRNA

NVAX KL CIEN 

VICR FB AEM 

CRUS SPLK.....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was under selling pressure and closed @ low of the day due to Britain facing first  death from OMICRON. Delta & Omicron variant causing serious concern in Britain & many countries around the world, winter spike is spooking investors / traders. Fed meeting starts on Tuesday with policy statement @ 2 PM on Wednesday, many are handicapping for doubling of taper, I believe it will be more gradual.

BLOG does NOT give buy or sell.

Saleem

No comments: