Thursday, June 9, 2022

Indices closed down 1.94% to 2.75%....

 Indices closed down.

S&P 500 @ 4017.82, low 4017.17, high 4119.10

RSI @ 44.16

CMF @ 0.157

Internals were :

Down volume led by 13.91 to 1 in NYSE & 1.83 to 1 in Nasdaq

Declining stocks led by 5.51 to 1 in NYSE & 2.79 to 1 in Nasdaq

Net new lows were leading by 452 in NYSE & 149 in Nasdaq

VIX UP 8.89% @ 26.09

Oil @ $121.51

Gold @ $1852.80

Canadian $ @ .7347

Portfolio ARKK BTCC MGM NCLH PLTR RIOT SOFI UAL

Stocks which closed green included 

NXPI KBH JWN

AH Futures UP

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE maintained its bearish posture by closing sharply lower but @ low of the day. Market is getting very difficult to navigate as is always the case in a bear market. Tomorrow @ 830AM it is all about CPI which may show a hair improvement over previous month which may not give any help to bulls.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold BMBL @ 31.01 to take profits and competitive concerns

Bought UPWK @ 18.69 on the future of how work may/will be contracted

Stocktrader

(sorry for the delayed info but I posted in the wrong place at first)

Stocks100 said...


Hi Stocktrader,

Good luck with UPWK

Saleem

Stocks100 said...


Hi Stocktrader,

Bought HST @ $18.76

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with HST again!

The market gave some discounts late in the week.

Stocktrader