Friday, May 13, 2022

Indices closed UP 1.47% to 3.82%...NICE!!!!

 Indices closed UP near high of the day with buyers very active. Internals were mostly positive. All sectors participated in today's strength.

S&P 500 @ 4023.89, high 4038.88, low 3863.90

RSI @ 38.81

CMF @ -0.082

Internals were :

UP volume led by 11.89 to 1 in NYSE & 8.17 to 1 in Nasdaq

Advancing stocks led by 3.73 to 1 in NYSE & 2.91 to 1 in Nasdaq

Net new lows were leading by 464 in NYSE & 463 in Nasdaq

VIX Down 9.13% @ 28.87

Oil @ $110.49

Gold @ $1808.20

Canadian $ @ .7068

Stocks which were UP 5% or more included 

ARKK BTCC NCLH PLTR RIOT SOFI

SNAP AFRM HOOD LULU SQ LSPD

COIN ROKU WYNN MSTR DASH 

PINS RUN AMD DKNG SNOW LYFT

DOCU SHOP DDOG ENPH BYND 

SPLK XPEV OXY JKS LVS.....

Here is my portfolio weighting :

ARKK       31.93%

MGM        20.80%

UAL         20.37%

PLTR         8.72%

NCLH       7.64%

BTCC       7.59%

RIOT       1.67%

SOFI      1.28%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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