Tuesday, August 23, 2022

Indices closed down 0.01% to .47%.....

 Indices closed down.

S&P 500 @ 4128.73, low 4124.03, high 4159.77

RSI @ 50.16

CMF @ 0.150

Internals were :

UP volume led by 1.19 to 1 in NYSE & 1.20 to 1 in Nasdaq

Advancing stocks led by .97 to 1 in NYSE & 1.03 to 1 in Nasdaq

Net new lows were leading by 441 in NYSE & 110 in Nasdaq

VIX UP 1.30% @ 24.11

Oil @ $93.74

Gold @ $1761.20

Canadian $ @ .7052

Portfolio ARKK LSPD PLTR MGM NCLH SOL SOFI UAL XPENG

Stocks which were UP 1% or more included MGM NCLH SOFI UAL

JKS RIOT MRVL APA SU CVX OXU SLB LNG NTR MOS MGA

AG CCJ GE TECK X FCX CLF M RCL CNQ LAC PANW ZI CRWD

PDD JD NVAX TSLA SPLK WYNN LRCX.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE tried to go green but failed near breakeven lines. Yield were higher. Internals were mostly positive. Oil was higher on potential production cutback. Many restart stocks were green like airlines, cruise lines, casinos. Oil stocks were strong today.

BLOG does NOT give buy or sell.

Saleem


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