Thursday, January 6, 2022

Indices closed down .10% to .47%.....

 Indices closed down.

S&P 500 @ 4696.05, low 4671.26, high 4725.01

RSI @ 49.35

CMF @ -0.009

Internals were :

UP volume led by 1.32 to 1 in NYSE & .97 to 1 in Nasdaq

Advancing stocks led by 1.07 to 1 in NYSE & .89 to 1 in Nasdaq

Net new lows were leading by 213 in NYSE & 522 in Nasdaq

VIX Down .61% @ 19.61

Oil @ $79.49

Gold @ $1789.20

Canadian $ @ .7269

Portfolio CNX HST MGM SNAP BTCC NCLH RIOT SU UAL

Stocks which were UP 2% or more included CNX MGM SU

APA PYPL CNQ DASH BIDU DKNG GAN PANW GOOS

CRWD PDD JD TER ASML BYND NVDA FB SPLK 

BABA OXY SLB LNG LVS.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed lower but it was not a bad session IF you were in Energy, gaming & select technology stocks, I will it a victory of some sort. It is all about jobs report @ 830 AM, it should be way better than expected, initial reaction to good jobs report may be fear of imminent hike in interest rates which may happen in 2, 5,10 & 30 year rates plus trigger happy initial selling which must be bought.

BLOG does NOT give buy or sell.

Saleem

3 comments:

Stocks100 said...


Hi Stocktrader,

Added 100% to BTCC.U.TO @ $7.79

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more BTCC!

My week has been challenging, but looking forward to earnings and guidance from many of my companies.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with earnings, most companies I do not follow.....

Market profile is changing fast.....

Saleem