Friday, June 3, 2022

Indices closed down 1.05% to 2.47%....

 Indices closed down on better jobs reports and comments from another Fed official which was @ best more hikes may come beyond September. Indices closed near low of the day and internals were mostly negative.

S&P 500 @ 4108.54, low 4098.87, high 4142.67

RSI @ 50.14

CMF @ 0.105

Internals were :

Down volume led by 3.65 to 1 in NYSE & 2.21 to 1 in Nasdaq

Declining stocks led by 2.68 to 1 in NYSE & 1.79 to 1 in Nasdaq

Net new lows were leading by 456 in NYSE & 96 in Nasdaq

VIX UP .28% @ 24.79

Oil @ $118.87

Gold @ $1850.20

Canadian $ @ .7413

Stocks which closed green included

APA SU CVX OXY SLB

FSLR TWTR AI IBM PFE

RH BROS.....


Here is my portfolio weighting :

ARKK        31.79%

UAL          21.04%

MGM        20.09%

PLTR          9.41%

BTCC         7.54%

NCLH        7.40%

SOFI          1.36%

RIOT         1.31%


Next post by 6 PM on Sunday!

BLOG does NOT give buy or sell.

Saleem

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