Wednesday, April 13, 2022

Indices closed UP 1.01% to 2.03%...NICE!!!!

 Indices closed UP.

S&P 500 @ 4446.59, high 4453.92, low 4392.70

RSI @ 48.71

CMF @ 0.254

Internals were :

UP volume led by 4.93 to 1 in NYSE & 4.47 to 1 in Nasdaq

Advancing stocks led by 2.92 to 1 in NYSE & 2.88 to 1 in Nasdaq

Net new lows were leading by 155 in NYSE & 127 in Nasdaq

VIX Down 10.66% @ 21.82

Oil @ $104.25

Gold @ $1984.70

Canadian $ @ .7399

Portfolio HST BTCC MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which were UP 4% or more included

BTCC HST MGM NCLH UAL

XPEV NIO HOOD LULU AG

TECK M JBLU MRVL RCL

AAL CCL SCHW MSTR

LYFT DAL ZM CRWD

ESTC SPLK LAC JKS....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed UP near high of the day. Many celebrated that finally inflation has peaked with 11% PPI. Today's rally was in many many sectors but airlines stocks were strongest with DAL upbeat guidance. We need a strong close on Thursday to confirm this rally.

BLOG does NOT give buy or sell.

Saleem

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