Thursday, May 26, 2022

Indices closed UP 1.61% to 2.68%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4057.84, high 4076.14, low 3984.60

RSI @ 47.67

CMF @ 0.084

Internals were :

UP volume led by 6.09 to 1 in NYSE & 4.82 to 1 in Nasdaq

Advancing stocks led by 5.16 to 1 in NYSE & 2.95 to 1 in Nasdaq

Net new lows were leading by 452 in NYSE & 134 in Nasdaq

VIX Down 3.07% @ 27.50

Oil @ $114.09

Gold @ $1847.60

Canadian $ @ .7207

Portfolio ARKK BTCC MGM NCLH PLTR RIOT SOFI UAL

Stocks which closed UP 3%+ included ARKK MGM NCLH PLTR RIOT UAL

SNAP AMAT XPEV AFRM LULU SQ LSPD COIN M BYD SAVE ROKU 

MRVL RCL TWTR WYNN AAL LAC CCL BIDU BABA LYFT PENN

DOCU SHOP DAL ZM CRWD ENPH BA NVDA TSLA SPLK LVS

RH OSTK ULTA MSTR.....

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was strong and closed near high of the day, Internals were strong, most sectors participated. Earnings have been much better lately and have improved the confidence of most traders. Friday's positive close will be a huge boost to traders and Investors before Memorial Day long weekend.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed BMBL @ 28.64

Added to SNAP @ 15.37

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more SNAP...

Saleem