Tuesday, March 22, 2022

Indices closed UP .74% to 1.95%...NICE!!!

 Indices closed UP.

S&P 500 @ 4511.61, high 4522.00, low 4469.10

RSI @ 59.96

CMF @ 0.211

Internals were :

UP volume led by 2.38 to 1 in NYSE & 4.22 to 1 in Nasdaq

Advancing stocks led by 1.71 to 1 in NYSE & 2.52 to 1 in Nasdaq

Net new lows were leading by 18 in NYSE & 45 in Nasdaq

VIX Down 2.51% @ 22.94

Oil @ $111.75

Gold @ $1921.50

Canadian $ @ .7393

Portfolio HST BTCC MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which closed UP 5% or more included PLTR RIOT

XPEV NIO TSLA SQ COIN LAC AI MSTR SNOW 

SHOP CRWD ESTC DDOG PDD JD BABA NVAX

MRNA JKS.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong from open to finish, Technology was the star of the day with many technology were sporting nice gains. Rare metals were also strong. Financial were strong. Internals were positive. This uptrend remains very strong Fed & high inflation notwithstanding.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Added to TZA @ 30.80

More than I can recall in a long time, I don't see the potential for rise from here with the Fed more intent on crushing inflation with significant rate hikes versus any kind of economic or market support.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more TZA....

Saleem