Indices closed down.
S&P 500 @ 4482.73, low 4477.95, high 4602.11
RSI @ 31.59
CMF @ -0.072
Internals were :
Down volume led by 3.35 to 1 in NYSE & 1.91 to 1 in Nasdaq
Declining stocks led by 2.75 to 1 in NYSE & 2.38 to 1 in Nasdaq
Net new lows were leading by 338 in NYSE & 652 in Nasdaq
VIX UP 7.30% @ 25.59
Oil @ $86.90
Gold @ $1842.60
Canadian $ @ .7534
Portfolio BTCC HST SNAP MGM NCLH RIOT UAL
Stocks which closed green included BTCC PLTR
XPEV FSLR SPWR JKS RUN NIO COIN SAVE
ROKU NVTA BIDU PINS LYFT MTCH PDD
JD ASML BABA EXPE FFIV SOFI ROKU
MA MS....
AH Futures Down
AH Asian markets Down
AH Oil & Gold Down
About market, TAPE was strong whole day but reversed completely and closed @ low of the day, reason possibly option expiry on Friday. RSI @ 31.59 is in deeply oversold territory and should be bought in your well researched stocks. Patience & conviction near lows is key to long term gains.
BLOG does NOT give buy or sell.
Saleem
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