Monday, March 28, 2022

Indices closed UP .27% to 1.31%...NICE!!!!

 Indices closed UP

S&P 500 @ 4575.52, high 4575.65, low 4517.69

RSI @ 62.34

CMF @ 0.190

Internals were :

Down volume led by 1.03 to 1 in NYSE & .60 to 1 in Nasdaq

Declining stocks led by 1.06 to 1 in NYSE & 1.08 to 1 in Nasdaq

Net new lows were leading by 101 in NYSE & 97 in Nasdaq

VIX Down 5.67% @ 19.63

Oil @ $105.96

Gold @ $1939.80

Canadian $ @ .7447

Portfolio HST BTCC MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which were UP 3% or more included BTCC NCLH PLTR RIOT

FSLR NIO HOOD LULU SQ COIN ARKK ROKU CCL MGNI 

MSTR PINS SNOW DOCU SHOP TWLO TSLA

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was down sharply but showed its bullish personality by closing @ high of the day. Many sectors participated in today's rally, Bitcoin, Ether among strongest in Crypto currencies sector. Internals were mostly negative which is not what we should be having on a strong close. S&P 500 is well above 50 DMA strongest of all major indices.

BLOG does NOT give buy or sell.

Saleem

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