Indices closed down.
S&P 500 @ 4525.12, low 4514.17, high 4593.45
RSI @ 54.58
CMF @ 0.350
Internals were :
Down volume led by 3.87 to 1 in NYSE & 3.71 to 1 in Nasdaq
Declining stocks led by 4.33 to 1 in NYSE & 2.96 to 1 in Nasdaq
Net mew lows were leading by 53 in NYSE & 79 in Nasdaq
VIX UP 13.25% @ 21.03
Oil @ $101.96
Gold @ $1927.50
Canadian $ @ .7544
Portfolio HST BTCC MGM NCLH PLTR RIOT SOFI SOL UAL
Stocks which closed green included BTCC NCLH
MOS BB M SAVE RCL TWTR CCL
CLF PFE BMO MCD FFIV JWN RH
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was under severe selling pressure near close, Interest rates are shooting UP and war in Ukraine is not letting UP caused all the grief on Wall Street. Hawkish statement from voting member of Fed did not help either. Stay in high conviction stocks while this uncertainty gets resolved.
BLOG does NOT give buy or sell.
Saleem
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