Thursday, April 7, 2022

Indices closed UP .06% to .43%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4500.21, high 4521.16, low 4450.30

RSI @ 52.47

CMF @ 0.318

Internals were :

Down volume led by 1.32 to 1 in NYSE & 1.38 to 1 in Nasdaq

Declining stocks led by 1.11 to 1 in NYSE & 1.45 to 1 in Nasdaq

Net new lows were leading by 271 in NYSE & 199 in Nasdaq

VIX Down 2.49% @ 21.55

Oil @ $96.03

Gold @ $1937.80

Canadian $ @ .7402

Portfolio HST BTCC MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which closed green included

AMAT NTR MOS FSLR TJX PYPL LULU

AG CCJ TECK X SAVE AAPL PAAS CNQ

CLF MSTR PFE GOLD MSFT PANW NEM

CRWD ESTC ENPH CVX MCD TSLA 

LRCX FFIV OXY AMAT LNG ULTA

NKE......

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE went down and tested support and found buyers below 50 DMA. Indices closed near high of the day. Internals were negative. Technology stocks were bought near lows. IF we have digested all issues, then we should close green on Friday.

BLOG does NOT give buy or sell.

Saleem

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