Wednesday, July 13, 2022

Indices closed down .15% to .67%....

 Indices closed down.

S&P 500 @ 3801.78, low 3759.07, high 3829.44

RSI @ 42.99

CMF @ 0.161

Internals were :

Down volume led by 1.25 to 1 in NYSE & .78 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new lows were leading by 437 in NYSE & 275 in Nasdaq

VIX down 1.72% @ 26.82

Oil @ $96.30

Gold @ $1735.50

Canadian $ @ .7038

Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL

Stocks which were UP 1% or more included BTCC RIOT

CNX XPEV NTR MOS FSLR NIO AG TECK X TSM

MRVL TWTR QCOM SWKS NXPI PAAS LAC CLF 

BIDU JD AMD SNOW CIEN ESTC ENPH SEDG

NKE ASML TWLO TSLA AEM LRCX AMZN

NFLX ULTA CMG MSTR....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed lower due to higher than expected CPI inflation. From tomorrow it is all about Banks guidance starting before bell, expect no bullish news on that front. Bear market goes in rotation in different sectors it is XLF time now. Semiconductor stocks and select Solar stocks were the stars of the day.

BLOG does NOT give buy or sell.

Saleem

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