Indices closed down.
S&P 500 @ 4306.26, low 4279.54, high 4378.45
RSI @ 40.81
CMF @ 0.115
Internals were :
Down volume led by 2.09 to 1 in NYSE & 1.97 to 1 in Nasdaq
Declining stocks led by 1.56 to 1 in NYSE & 1.81 to 1 in Nasdaq
Net new lows were leading by 62 in NYSE & 156 in Nasdaq
VIX UP 10.51% @ 33.32
Oil @ $103.41
Gold @ $1943.80
Canadian $ @ .7287
Portfolio HST BTCC MGM NCLH PLTR RIOT SOL UAL
Stocks which were UP 2% or more included BTCC PLTR SOL
CNX APA AG PAAS TECK COIN FCX CLF MSTR BIDU
RUN CSIQ JKS GOLD AEM NEM ENPH JD CVX
OXY ....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under pressure again due to expanding sanctions against Russian businesses and interest. This market is getting more challenged due to Russian invasion and its implication felt worldwide. There is potential interest hike of 25 basis from Canadian Central Bank to contain out of control inflation around 10 AM. Fed testimony may be more important based on current environment.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold ZIP @ 21.33 avg to take profits and on slowing growth
Stocktrader
Hi Stocktrader,
Good luck with new pick...
Saleem
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