Wednesday, June 15, 2022

Indices closed UP 1.00% to 2.50%...NICE !!!

Indices closed UP.

S&P 500 @ 3789.99, high 3837.56, low 3722.30

RSI @ 35.79

CMF @ -0.030

Internals were :

UP Volume led by 3.60 to 1 in NYSE & 4.35 to 1 in Nasdaq

Advancing stocks led by 2.80 to 1 in NYSE & 2.76 to 1 in Nasdaq

Net new lows were leading by 460 in NYSE & 355 in Nasdaq

VIX Down 9.39% @ 29.62

Oil @ $115.31

Gold @ $1819.60

Canadian $ @ .7021

In my portfolio Added 31% BTCC.TO @ $4.23

Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL 

Stocks which were UP 5% or more included ARKK NCLH

SOL SNAP SPWR NIO AFRM LSPD COIN ROKU ZI

BMBL MGNI MSTR DASH PINS DOCU SHOP ZM

BA BYND AMZN NFLX CMG....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE closed UP after Fed increased its rate by 75 basis, lot of gloom was lifted from stock market. Expect a confirmation of this rally on Thursday. Many stocks are in bargain territory including Crypto Currencies. Aggressive exposure is a good idea with your risk tolerance.

BLOG does NOT give buy or sell.

Saleem

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