Indices closed UP.
S&P 500 @ 4088.85, high 4090.72, low 4033.93
RSI @ 43.96
CMF @ -0.084
Internals were :
UP volume led by 6.38 to 1 in NYSE & 3.75 to 1 in Nasdaq
Advancing stocks led by 2.92 to 1 in NYSE & 3.18 to 1 in Nasdaq
Net new lows were leading by 460 in NYSE & 202 in Nasdaq
VIX Down 4.99% @ 26.10
Oil @ $112.40
Gold @ $1818.90
Canadian $ @ .7156
Portfolio ARKK BTCC MGM NCLH PLTR RIOT SOFI UAL
Stocks which were UP 5% or more included ARKK NCLH RIOT UAL
AMAT XPEV NIO AFRM TECK SQ COIN ARKF JBLU
SAVE BMBL MRVL QRVO AAL CCL MSTR RUN
AMD CSIQ DAL NVAX SEDG NVDA LRCX
BABA MU.....
AH Future Mixed
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE was strong once Fed chief had spoken which was much firmer in tone and focus to contain inflation. Indices closed @ high of the day which more than confirms recent turnaround as too many confident bears are roaming around CNBC and making no sense now.
BLOG does NOT give buy or sell.
Saleem
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