Friday, June 17, 2022

Indices closed mixed....

 Indices closed mixed in a week which major Indices got deeper into bear territory. Nasdaq giving every indication that It has reached support and trying to turn UP.

S&P 500 @ 3674.84, high 3707.74, low 3636.87

RSI @ 31.77

CMF @ 0.015

Internals were :

UP volume led by 1.33 to 1 in NYSE & 3.47 to 1 in Nasdaq

Advancing stocks led by 1.37 to 1 in NYSE & 1.94 to 1 in Nasdaq

Net new lows were leading by 454 in NYSE & 449 in Nasdaq

VIX Down 5.52% @ 31.13

Oil @ $109.56

Gold @ $1840.60

Canadian $ @ .6943

Stocks which were UP 4% or more included

ARKK NCLH PLTR SOFI UAL

FSLR SPWR RUN ENPH NIO

AFRM HOOD LSPD JBLU AAL 

TRIP ROKU RCL MGNI AI

DASH PINS DKNG SNOW

LYFT DOCU ZI ESTC UBER

DDOG JD TWLO XPEV RH...

Here is my portfolio weighting :

ARKK        31.72%

UAL          19.06%

MGM       17.95%

PLTR         9.62%

HST          7.57%

NCLH      6.00%

BTCC      5.70%

SOFI      1.29%

RIOT     1.09%

Next post by 6 PM on Monday, as US markets are closed on Monday, world markets are open.

BLOG does NOT give buy or sell.

Saleem

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