Tuesday, June 21, 2022

Indices closed UP 2.15% to 2.51%...NICE !!!

 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:

stocktrader_1996 said...

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

Stocks100 said...


Hi Stocktrader,

Good luck with more ZENV

NO issue with booking profit and adding low

Saleem