Thursday, August 11, 2022

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4207.27, low 4201.41, high 4257.91

RSI @ 57.33

CMF @ 0.260

Internals were :

UP volume led by 1.73 to 1 in NYSE & 1.30 to 1 in Nasdaq

Advancing stocks led by 1.54 to 1 in NYSE & 1.25 to 1 in Nasdaq

Net new lows were leading by 435 in NYSE & highs by 40 in Nasdaq

VIX UP 2.33% @ 20.20

Oil @ $94.34

Gold @ $1807.20

Canadian $ @ .7253

Portfolio ARKK HST LSPD PLTR BTCC MGM NCLH RIOT SOFI UAL

Stocks which were UP 2% or more included HST BTCC RIOT

CNX APA SU CNQ CVX OXY SLB LNG SNAP XPEV NIO

GE TECK M WYNN LVS MGNI SCHW PDD JD BABA

EAT JWN BROS OSTK ULTA....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed mixed with DOW closed UP. Markets were UP nicely when we reached highest level since testing support, a mild retreat from mini overbought condition was expected. Real resistance is near 200 DMA. Inflation numbers keeps moderating.

BLOG does NOT give buy or sell

Saleem

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