Thursday, January 27, 2022

Indices closed down .02% to 1.40%....

 Indices closed down.

S&P 500 @ 4326.51, low 4309.50, high 4428.74

RSI @ 24.32

CMF @ -0.168

Internals were :

Down volume led by 2.06 to 1 in NYSE & 3.95 to 1 in Nasdaq

Declining stocks led by 2.65 to 1 in NYSE & 3.65 to 1 in Nasdaq

Net new lows were leading by 612 in NYSE & 621 in Nasdaq

VIX Down 4.60% @ 30.49

Oil @ $86.61

Gold @ $1793.10

Canadian $ @ .7289

Portfolio HST BTCC SNAP MGM NCLH RIOT UAL 

Stocks which closed green included CNX SU

TJX PYPL LULU CRM JBLU TWTR CNQ

PINS PFE MSFT PANW GOOS PLAN CVX

ELF NKE NFLX OXY MA MS V.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE continues to baffle most optimistic participants and they keep saying " how could this be daily "...get used to it. Nothing is in the horizon which may alter the bearish tone of this market, it is going to be a long wait for "normalcy to return ". Oil is also getting very crowded traded now which only means they may go down on its own weight or liquidation for liquidity.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold FDX @ 242.25

Bought SNAP @ 29.77

The premier communications platform of the future, I'm back in :)

Stocktrader

Stocks100 said...


Hi Stocktrader,


Good luck with SNAP....

Saleem