Friday, August 19, 2022

Indices closed down .86% to 2.01%....

 Indices closed near low of the day, internals were very weak. Real culprit was rise in yield.

S&P 500 @ 4228.48, low 4218.70, high 4266.31

RSI @ 61.26

CMF @ 0.210

Internals were :

Down volume led by 5.45 to 1 in NYSE & 4.48 to 1 in Nasdaq

Declining stocks led by 6.06 to 1 in NYSE & 3.57 to 1 in Nasdaq

Net new lows were leading by 447 in NYSE & 63 in Nasdaq

VIX UP 5.32% @ 20.60

Oil @ $90.77

Gold @ $1762.90

Canadian $ @ .7003

Stocks which closed green included

TWTR BIDU PFE PLAN UPS OXY....

In my portfolio :

SOLD HST in pre-market @ $19.50

Added 40% LSPD @ $19.92

SOLD BTCC @ $4.21CAD & $3.95 US$

SOLD RIOT @ $7.32

Bought SOL @ $6.43

Bought XPEV @ $21.31

Here is my portfolio weighting :

ARKK      31.68%

MGM      19.34%

UAL        17.09%

LSPD     11.23%

PLTR      8.62%

NCLH     6.01%

SOL        2.92%

XPEV     2.15%

SOFI        .96%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

No comments: