Indices closed mixed.
S&P 500 @ 3735.48, low 3705.68, high 3778.18
RSI @ 31.59
CMF @ 0.008
Internals were :
Down volume led by 1.62 to 1 in NYSE & 1.01 to 1 in Nasdaq
Declining stocks led by 1.96 to 1 in NYSE & 1.36 to 1 in Nasdaq
Net new lows were leading by 465 in NYSE & 1004 in Nasdaq
VIX Down 3.91% @ 32.69
Oil @ $118.93
Gold @ $1813.50
Canadian $ @ .7068
Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL
Stocks which were UP 1% or more included ARKK MGM PLTR RIOT SOFI
XPEV NTR MOS NIO BYD SAVE TSM ROKU QCOM QRVO AI
MSTR DKNG LVS PENN ZM CRWD DDOG PDD JD BABA
BA NVDA TSLA LNG ORCL.....
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE has finally found a tradeable bottom which should hold. Fed will raise rates by 75 basis points which will start a huge rally. Q & A by Fed chief will give more comfort that all is not lost and market will like it. Nasdaq showed sign of life which is critical to the health of world stock market.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteSold CXM @ 9.90 on lackluster guidance and exposure to small business which is disproportionately hurt here
Bought MDB @ 245.00 on great continued execution and business tailwinds
Stocktrader
Hi Stocktrader,
DeleteGood luck with MDB
Added 25% BTCC in Toronto in Canadian funds @ $4.23
Saleem