Thursday, February 10, 2022

Indices closed down 1.47% to 2.10%...

 Indices closed down.

S&P 500 @ 4504.08, low 4484.31, high 4588.92

RSI @ 46.89

CMF @ 0.011

Internals were :

Down volume led by 2.90 to 1 in NYSE & 2.81 to 1 in Nasdaq

Declining stocks led by 3.09 to 1 in NYSE & 2.25 to 1 in Nasdaq

Net new lows were leading by 384 in NYSE & 204 in Nasdaq

VIX UP 19.79% @ 23.91

Oil @ $89.88

Gold @ $1837.40

Canadian $ @ .7351

Portfolio HST BTCC CNX MGM NCLH PLTR RIOT SOL UAL

Stocks which were UP 1% or more included CNX SOL

MOS MU X CLF SNOW ZI DDOG PDD BA TWLO....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under selling pressure again as 10 year yield went UP to 2.04%. There was comment by a Fed official that a 50 basis point increase in Fed fund rate may be necessary, which is a foregone conclusion even before today's hotter than expected inflation rate. Hopefully we stabilize here and close on Friday may be positive.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold GM @ 49.13 on geopolitical concerns

Bought AVLR @ 102.50 on continued strong earnings and guidance

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with AVLR...

Saleem