Friday, April 29, 2022

Indices closed down 2.77% to4.17%...

 Indices closed down & near low of the day. There was nowhere to hide all sectors were down. It was week end and month end which brought more selling ahead of Fed meeting & Fed decision.

S&P 500 @ 4131.93, low 4124.28, high 4269.68

RSI @ 34.98

CMF @ -0.141

Internals were :

Down volume led by 8.17 to 1 in NYSE & 3.71 to 1 in Nasdaq

Declining stocks led by 3.91 to 1 in NYSE & 2.86 to 1 in Nasdaq

Net new lows were leading by 515 in NYSE & 487 in Nasdaq

VIX UP 11.37% @ 33.40

Oil @ $104.69

Gold @ $1911.70

Canadian $ @ .7193

Stocks which closed green included XPEV FSLR CGC

TECK ROKU BIDU PDD JD NVAX WB AEM

BABA SLI OSTK

In my portfolio...bought ARKK @ $47.50

Here is my portfolio weighting :

ARKK       29.95%

UAL         20.63%

MGM       20.49%

PLTR         9.44%

BTCC        8.46%

NCLH       8.18%

RIOT        1.84%

SOFI           .56%

SOL            .45%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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