Indices closed lower despite way better than expected jobs report. Bear market action continues while war rages on in Ukraine, We have a long way to go before we see a real reversal, maybe after Fed decision to raise rates....but you can never tell in a bear market for all one day wonder rallies.
S&P 500 @ 4328.87, 4284.98, high 4342.12
RSI @ 43.34
CNF @ 0.108
Internals were :
Down volume led by 1.78 to 1 in NYSE & 2.41 to 1 in Nasdaq
Declining stocks led by 2.12 to 1 in NYSE & 2.72 to 1 in Nasdaq
Net new lows were leading by 263 in NYSE & 475 in Nasdaq
VIX UP 4.92% @ 31.98
Oil @ $115.68
Gold @ $1966.60
Canadian $ @ .7235
Stocks which closed green included
CNX APA NTR MOS AG PAAS TECK X
CNQ FCX CLF CSIQ GOLD NEM CVX
AEM SPLK OXY SLB LNG FSLR CSIQ IBM....
Here is my portfolio weighting
HST 25.32%
MGM 19.59%
UAL 17.31%
PLTR 11.48%
BTCC 10.17%
NCLH 8.20%
SOL 4.80%
RIOT 3.13%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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