Wednesday, April 27, 2022

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 4183.96, high 4240.71, low 4162.90

RSI @ 33.60

CMF @ -0.187

Internals were :

UP volume led by 1.09 to 1 in NYSE & .74 to 1 in Nasdaq

Advancing stocks led by .79 to 1 in NYSE & .69 to 1 in Nasdaq

Net new lows were leading by 881 in NYSE & 872 in Nasdaq

VIX Down 5.73% @ 31.60

Oil @ $102.02

Gold @ $1888.70

Canadian $ @ .7168

Portfolio BTCC HST MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which closed UP 2% or more included HST UAL

APA XPEV NTR MGA TECK FCX CLF CRM BIDU

MSFT DAL ENPH PDD JD BABA LNG JKS MA

V CMG....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE opened UP then lost all its gains but closed mixed, Nasdaq closed slightly lower. Internals were mostly negative. After hour most earnings report were taken as positive which bodes well for Thursday's TAPE. This remains a very difficult TAPE, any rally from deeply oversold condition should wait for confirmation.

BLOG does NOT give buy or sell.

Saleem

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