Monday, January 3, 2022

Indices closed UP .64% to 1.20%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4796.56, high 4796.64, low 4768.17

RSI @ 60.74

CMF @ 0.172

Internals were :

UP volume led by 2.06 to 1 in NYSE & 3.22 to 1 in Nasdaq

Advancing stocks led by 1.34 to 1 in NYSE & 2.28 to 1 in Nasdaq

Net new 52 wk highs were leading by 68 in NYSE & 15 in Nasdaq

VIX Down 3.60% @ 16.60

Oil @ $76.08

Gold @ $1800.10

Canadian $ @ .7343

Portfolio CNX HST MGM SNAP BTCC NCLH RIOT SU UAL

Stocks which were UP 3% or more included NCLH UAL

SOL SPWR NIO HOOD PYPL CGC CCJ APA ACB

M JBLU TSM TRIP BMBL RCL WYNN AAL LAC

CCL AI RUN AMD INTC LYFT DOCU DAL BA

UBER TSLA OLED LTHM QS FSR OXY SLB

LVS MA.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong and closed @ high of the day. DOW made another new all time high. Restart stocks were strong although IMICRON variant is running @ peak everywhere in the world. EV stocks also were strong. Lot of money flowed into equity as 2022 allocation.

BLOG does NOT give buy or sell.

Saleem

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