Tuesday, June 14, 2022

Indices closed mixed....

 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

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold 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

Stocks100 said...

Hi Stocktrader,

Good luck with MDB

Added 25% BTCC in Toronto in Canadian funds @ $4.23

Saleem