Tuesday, December 28, 2021

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 4786.35, low 4780.04, high 4807.02

RSI @ 60.86

CMF @ 0.043

Internals were :

Down volume led by 1.23 to 1 in NYSE & 2.19 to 1 in Nasdaq

Declining stocks led by 1.04 to 1 in NYSE & 1.87 to 1 in Nasdaq

Net new 52 wk highs were leading by 200 in NYSE & lows by 161 in Nasdaq

VIX Down .79% @ 17.54

Oil @ $75.98

Gold @ $1810.90

Canadian $ @ .7183

Portfolio CNX HST MGM SNAP BTCC NCLH RIOT SU UAL

Stocks which were UP 1% or more included UAL

ROKU AAL CLF DAL KBH PHM

BA FFIV OLED JKS....

AH Futures Mixed

AH Asian markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was trying for green but ended mixed. S&P 500 made an intraday new all time high. Nasdaq was weak. OMICRON is spreading fast but its not lethal which is reflected in Indices being strong. End of the year selling & repositioning with low volume is not giving a true read about market. Position your portfolio with stocks you want to carry in new year.

BLOG does NOT give buy or sell.

Saleem

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