Thursday, February 24, 2022

Indices closed UP .28% to 3.34%....NICE !!!!!

 Indices closed UP.

S&P 500 @ 4288.70, high 4294.73, low 4114.65

RSI @ 37.82

CMF @ 0.123

Internals were :

UP volume led by 1.04 to 1 in NYSE & 3.54 to 1 in Nasdaq

Advancing stocks led by 1.14 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new lows were leading by 1070 in NYSE & 1308 in Nasdaq

VIX Down 2.26% @ 30.32

Oil @ $92.81

Gold @ $1926.30

Canadian $ @ .7155

Portfolio HST BTCC MGM NCLH PLTR RIOT SOL UAL

Stocks which were UP 7% or more included PLTR RIOT SOL

AFRM CCJ SQ M ARKK ROKU MGNI DASH

PINS RUN DKNG CSIQ PANW ZI CRWD

ESTC UBER ENPH SEDG MRNA OLED

QS FSR OSTK MSTR....

AH Futures Down

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE saw its most climactic selling today on news of Russian entry into Ukraine. In the late afternoon lot of short covering and spirited buying pulled all indices in a v bottom action, All indices closed @ or near high of the day, a complete turnaround. Most sectors participated in today's V reversal.

BLOG does NOT give buy or sell.

Saleem


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