Friday, January 14, 2022

Indices closed mixed.....

 Indices closed mixed. Nasdaq closed higher while DOW was down 200 points. Internals were very weak. Oil Closed @ highest point in a year.

S&P 500 @ 4662.85, high 4666.13, low 4614.75

RSI @ 46.08

CMF @ 0.107

Internals were :

Down volume led by 1.04 to 1 in NYSE & .73 to 1 in Nasdaq

Declining stocks led by 1.63 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new lows were leading by 181 in NYSE & 606 in Nasdaq

VIX Down 5.51% @ 19.19

Oil @ $83.82

Gold @ $1816.50

Canadian $ @ .7448

Stocks which were UP 2% or more included RIOT SOL

APA CNX AMAT XPEV MRVL WYNN QCOM CNQ 

SCHW MSTR AMD SHOP DDOG LRCX OLED

OXY SLB JKS LVS....

In my portfolio :

Sold MGM @ $46.15 in pre-market

Sold SU.TO @ $35.17

Here is my portfolio weighting on 47% exposure :

HST        49.90%

UAL       21.67%

NCLH   10.64%

BTCC    7.80%

SNAP    5.88%

RIOT    4.13%

Next post by 6 PM on Monday, NYSE / Nasdaq closed on Monday for Martin Luther King Jr Day, world markets & Toronto is open on Monday.

BLOG does NOT give buy or sell.

Saleem


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