Friday, December 10, 2021

Indices closed UP .60% to .95%...NICE !!!!

 Indices closed UP shrugging worst inflation report in 3 decades, rationale was, it could have been even worse. S&P zoomed into highest close in history but still few points lower than intraday all time high. Internals were negative.

S&P 500 @ 4712.02, high 4713.57, low 4670.24

RSI @ 58.20

CMF @ -0.010

Internals were :

Down volume led by .82 to 1 in NYSE & 1.13 to 1 in Nasdaq

Declining stocks led by 1.05 to 1 in NYSE & 1.48 to 1 in Nasdaq

Net new 52 wk low were leading by 8 in NYSE & 124 in Nasdaq

VIX Down 13.39% @ 18.69

Oil @ $71.67

Gold @ $1784.80

Canadian $ .7287

Stocks which were UP 2% or more included

CNX LI APA AAPL

AI MSFT TOL PDD

TER DHI CRUS ORCL...

Here is my portfolio weighting :

MGM      26.43%

HST        23.88%

CNX       20.93%

SNAP     11.69%

UAL       10.54%

NCLH     6.53%

Next post by 6 PM on Sunday..

BLOG does NOT give buy or sell.

Saleem

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