Indices closed UP.
S&P 500 @ 4155.38, high 4169.81, low 4062.51
RSI @ 36.87
CMF @ -0.138
Internals were :
UP volume led by 1.16 to 1 in NYSE & 2.54 to 1 in Nasdaq
Advancing stocks led by .66 to 1 in NYSE & 1.31 to 1 in Nasdaq
Net new lows were leading by 459 in NYSE & 709 in Nasdaq
VIX Down 3.17% @ 32.34
Oil @ $105.17
Gold @ $1863.60
Canadian $ @ .7113
Portfolio ARKK BTCC MGM NCLH PLTR RIOT SOFI SOL UAL
Stocks which were UP 3% included ARKK PLTR RIOT SOFI
SNAP XPEV AFRM HOOD PYPL MU SQ COIN ROKU
MRVL QCOM QRVO SWKS RUN AMD DKNG SNOW
PENN DOCU SHOP ZM ENPH NVAX TWLO TSLA
FB BABA JWN OXY LVS OSTK MSTR....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was under selling pressure again and made new trading lows in S&P 500 & Nasdaq while DOW was down 530 area as 10 year spiked UP to 3.0%. After 330 PM TAPE went into buying frenzy and we erased all the losses and closed in green. Most sectors participated in this uptrend. Interesting tid bit we did not go below 4062 in S&P 500 which was predicted by many technicians.
BLOG does NOT give buy or sell.
Saleem
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