Wednesday, March 2, 2022

Indices closed UP1.62% to 1.86%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4386.54, high 4401.48, low 4322.56

RSI @ 47.02

CMF @ 0.103

Internals were :

UP volume led by 4.69 to 1 in NYSE & 2.09 to 1 in Nasdaq

Advancing stocks led by 2.61 to 1 in NYSE & 1.95 to 1 in Nasdaq

Net new high were leading by 19 in NYSE & lows by 139 in Nasdaq

VIX Down 7.74% @ 30.74

Oil @ $110.60

Gold @ $1922.30

Canadian $ @ .7340

Portfolio HST BTCC MGM NCLH PLTR RIOT SOL UAL

Stocks which were UP 3% or more included MGM NCLH

NTR MOS MGA TJX LULU TECK M X MRVL WYNN

QCOM QRVO SCHW AMD PFE INTC LYFT NXPI

GOOS CIEN NTAP TD LITE BMO EAT ASML

NVDA FFIV OLED JWN OXY SLB LNG MU

LVS ULTA.....

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE finally found its footing and closed near high of the day. Internals were mostly positive. Most sectors participated in today's session. Fed testimony was a confirmation of rates going UP. We need a confirmation of this rally as we have tried to find support near lows.

BLOG does NOT give buy or sell.

Saleem

3 comments:

  1. Hi Saleem,

    Added to some US-centric re-opening names:

    Bought BMBL @ 21.69 avg
    Bought LYFT @ 37.64 avg

    Stocktrader

    ReplyDelete
  2. Hi Saleem,

    Added to:

    BMBL @ 20.09
    VERI @ 16.24
    GLBE @ 35.03

    Stocktrader

    ReplyDelete

  3. Hi Stocktrader,

    Good luck with BMBL & LYFT

    Good luck with add on in BMBL,VERI,GLBE

    Saleem

    ReplyDelete