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:
Hi Saleem,
Sold GM @ 49.13 on geopolitical concerns
Bought AVLR @ 102.50 on continued strong earnings and guidance
Stocktrader
Hi Stocktrader,
Good luck with AVLR...
Saleem
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