Tuesday, April 5, 2022

Indices closed down .80% to 2.26%.....

 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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