Thursday, January 13, 2022

Indices closed down .49% to 2.51%.....

 Indices closed down.

S&P 500 @ 4659.03, low 4650.29, high 4744.13

RSI @ 45.62

CMF @ 0.021

Internals were :

Down volume led by 1.34 to 1 in NYSE & 2.45 to 1 in Nasdaq

Declining stocks led by 1.27 to 1 in NYSE & 2.24 to 1 in Nasdaq

Net new highs were leading by 64 in NYSE & lows by 317 in Nasdaq

VIX UP 15.27% @ 20.31

Oil @ $82.12

Gold @ $1821.40

Canadian $ @ .7516

Portfolio BTCC HST MGM SNAP NCLH RIOT SU UAL

Stocks which closed green included HST NCLH UAL

MGA MU GE M JBLU SAVE TSM RCL CNQ AAL 

CCL IBM LYFT TOL DAL NTAP KBH BMO EAT

DHI PHM BA BYND EXPE JWN MA...

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE went into reverse and closed down near low of the day, Nasdaq slump took other indices down in sympathy. Many restart stocks were UP like Airlines & Cruise lines on good guidance from DAL. There is tremendous negativity for Nasdaq where predictions are running wild for a total 20% slump. Better diversification and weighting should help even IF it comes close to wild prediction.

BLOG does NOT give buy or sell.

Saleem

3 comments:

Stocks100 said...


Hi Stocktrader,

Sold MGM @ $46.15 in pre-market

Saleem

Stocks100 said...


Hi Stocktrader,

Sold SU @ $35.17

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with redeployment of funds!

Everyone needs this 3-day weekend I think :)

Stocktrader