Tuesday, July 12, 2022

Indices closed down .62% to .95%...

 Indices closed down.

S&P 500 @ 3818.80. low 3802.36, high 3873.41

RSI @ 44.25

CMF @ 0.107

Internals were :

Down volume led by 1.60 to 1 in NYSE & .92 to 1 in Nasdaq

Declining stocks led by 1.37 to 1 in NYSE & 1.18 to 1 in Nasdaq

Net new lows were leading by 444 in NYSE & 183 in Nasdaq

VIX UP 4.28% @ 27.29

Oil @ $95.84

Gold @ $1724.80

Canadian $ @ .6991

Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL

Stocks which were UP 1% or more included

ARKK HST MGM NCLH UAL

NIO AFRM PYPL SQ MGA MU

BYD JBLU ROKU RCL WYNN

LVS DKNG SWKS CCL MGNI

LYFT UBER PENN GOOS DAL

PDD BA BYND JWN AAL TWTR

RH....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed lower after being UP earlier. Internals were weak. It is all about CPI numbers @ 830AM, even IF its worse than expected, there may be a silver lining which will get the focus, worse of inflation is behind us and a rally may take hold.

BLOG does NOT give buy or hold.

Saleem

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