Friday, July 22, 2022

Indices closed down .43% to 1.87%....

 Indices closed down in a tech laden selloff which engulfed most sectors. Indices closed near low of the day.

S&P 500 @ 3961.63, low 3938.86, high 4012.44

RSI @ 55.91

CMF @ 0.286

Internals were :

Down volume led by 2.84 to 1 in NYSE & 2.57 to 1 in Nasdaq

Declining stocks led by 1.43 to 1 in NYSE & 2.48 to 1 in Nasdaq

Net new lows were leading by 458 in NYSE & 53 in Nasdaq

VIX Down .35% @ 23.03

Oil @ $94.70

Gold @ $1727.40

Canadian $ @ .7137

Stocks which closed green included

IBM PFE CSIQ PLAN KBH DHI

UPS PHM VICR MCD TSLA

SLB TWTR ORCL

Here is my portfolio weighting ;

ARKK        31.83%

MGM         16.73%

UAL          16.07%

HST          12.47% 

PLTR         9.67%

BTCC        5.32%

NCLH       5.30%

RIOT        1.40%

SOFI        1.21%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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