Indices closed UP.
S&P 500 @ 3764.79, high 3779.65, low 3715.31
RSI @ 38.48
CMF @ 0.021
Internals were :
UP volume led by 4.14 to 1 in NYSE & 2.72 to 1 in Nasdaq
Advancing stocks led by 2.66 to 1 in NYSE & 2.22 to 1 in Nasdaq
Net new lows were leading by 459 in NYSE & 165 in Nasdaq
VIX Down 2.71% @ 30.19
Oil @ $110.65
Gold @ $1838.80
Canadian $ @ .7070
Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL
Stocks which were UP 4% or more included ARKK PLTR RIOT
AMAT XPEV NIO AFRM HOOD CCJ TECK COIN SAVE
ROKU BMBL CNQ LAC MSTR BIDU PANW ESTC DDOG
ENPH PDD CVX BYND NVDA TSLA SPLK BABA
LNG JKS....
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE staged an oversold bounce. Internals were positive. Technicians remained extremely bearish with new lows to come. Stay in the market extremely conservative expectations & strategy. This is a full blown bear market which needs a real turn in negative factors to end its pattern.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Trimmed a little BMEA @ 9.65 on continued strength
Added a little ZENV @ 2.46 on continued weakness
Wait, do I have this backwards? :)
Stocktrader
Hi Stocktrader,
Good luck with more ZENV
NO issue with booking profit and adding low
Saleem
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