Wednesday, January 12, 2022

Indices closed UP .11% to .23%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4726.35, high 4748.83, low 4706.71

RSI @ 53.06

CMF @ 0.118

Internals were :

UP volume led by 1.45 to 1 in NYSE & .87 to 1 in Nasdaq

Advancing stocks led by 1.26 to 1 in NYSE & .74 to 1 in Nasdaq

Net new highs were leading by 93 in NYSE & lows by76 in Nasdaq

VIX Down 4.29% @ 17.62

Oil @ $82.64

Gold @ $1827.80

Canadian $ @ .7497

In my portfolio ..Sold AH CNX @ $15.88

Portfolio BTCC HST MGM SNAP NCLH RIOT SU UAL

Stocks which were UP 2% or more included BTCC CNX

APA AMAT XPEV LI NIO TSLA AG TECK LSPD TSM 

CNQ LAC FCX CLF BABA API LNG X.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed green but off their high of the day, Internals were mixed. Oil kept making new highs. Natural Gas jumped YTD 28.16% and 1 year gain of 57.54% quite impressive. Tech & Nat gas stocks were UP. TAPE was looking overbought near term.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold AGCO @ 124.72 on margin/peak cycle concerns

Bought ESTC @ 102.50 on this unwarranted drop

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with ESTC....

Saleem