Monday, April 18, 2022

Indices closed down .02% to .14%....

 Indices closed down.

S&P 500 @ 4391.69, low 4370.30, high 4410.31

RSI @ 44.46

CMF @ 0.080

Internals were :

Down volume led by 1.42 to 1 in NYSE & 1.80 to 1 in Nasdaq

Declining stocks led by 1.86 to 1 in NYSE & 2.14 to 1 in Nasdaq

Net new lows were leading by 268 in NYSE & 415 in Nasdaq

VIX Down 2.33% @ 22.17

Oil @ $108.21

Gold @ $1986.40

Canadian $ @ .7375

Portfolio BTCC HST MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which were UP 2% or more included BTCC

MOS TECK TWTR CNQ

FCX INTC TER NVDA 

LRCX CRUS OXY MS....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE struggled whole day and closed slightly red, Internals were negative. Interest rates are charging UP @ 3 year high which is creating lot of uncertainty for world economies. Inflation still has not peaked, on Wednesday AM Canada is expecting inflation @ 7% could be a new 40 year high. Stay with good stocks only with limited exposure.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold VERI @ 14.75 on poor price action

Looking to buy LYFT for more re-opening exposure

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought LYFT @ 35.50

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with LYFT

Saleem