Wednesday, May 25, 2022

Indices closed UP .60% to 1.51%...NICE !!!!

 Indices closed UP.

S&P 500 @ 3978.73, high 3999.33, low 3926.03

RSI @ 42.14

CMF @ 0.089

Internals were :

UP volume led by 4.60 to 1in NYSE & 3.74 to 1 in Nasdaq

Advancing stocks led by 3.56 to 1 in NYSE & 2.23 to 1 in Nasdaq

Net new lows were leading by 451 in NYSE & 270 in Nasdaq

VIX Down 3.61% @ 28.37

Oil @ $110.33

Gold @ $1846.30

Canadian $ @ .7158

Portfolio ARKK BTCC MGM NCLH PLTR RIOT SOFI UAL

Stocks which closed UP 4% or more included ARKK PLTR SOFI

HST APA SNAP AFRM LSPD COIN M BYD JBLU TRIP ROKU

BMBL AAL MGNI AI DASH PINS DKNG PANW DOCU ZI

TOL ZM CRWD KBH ENPH BYND NVDA TSLA SPLK

NFLX JWN LNG RH OSTK.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE zig zagged about Fed minutes were released but took off and closed near high of the day. Most sectors participated in today's run. Internals were mostly positive. CMF positive for two day's in a row. NVDA earnings after hours missed guidance as expected, after initial dip Futures are ignoring a generally OK earnings report. 

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

On a long weekend vacation in Colorado, but make the following move:

Sold MNDY @ 105.48 on sluggish rebound

Added decent size to UPST SNAP, and smaller size to LYFT ZENV IONQ BMEA

Stocktrader

Stocks100 said...


Hi Stocktrader,

Enjoy your Colorado vacation, we all need time out from last 5 months of negative tape.

Good luck with all your add on.....

Saleem