Wednesday, August 10, 2022

Indices closed UP 1.63% to 2.89%...NICE !!!

 Indices closed UP.

S&P 500 @ 4210.24, high 4211.03, low 4177.26

RSI @ 67.73

CMF @ 0.335

Internals were :

UP volume led by 11.32 to 1 in NYSE & 5.86 to 1 in Nasdaq

Advancing stocks led by 5.69 to 1 in NYSE & 3.34 to 1 in Nasdaq

Net new lows were leading by 446 in NYSE & 0 in Nasdaq

VIX Down 9.33% @ 19.74

Oil @ $91.93

Gold @ $1813.70

Canadian $ @ .7220

Portfolio ARKK HST LSPD PLTR BTCC MGM NCLH RIOT SOFI UAL

Stocks which were UP 7% or more included ARKK LSPD NCLH RIOT

SOL JKS SPWR RUN SHOP MRVL AFRM ARKG CCL DASH

DKNG SNOW DOCU ZI CRWD DDOG....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed @ high of the day after much feared CPI came in tamer in most category, a huge relief to bulls but bears are never impressed in early stage of any bullish trend. Most sectors participated even cruise lines got a pulse today. Expect follow through with another strong close on Thursday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Added to FLL @ 7.66 to catch up position size

Bought MTTR @ 6.09 on surprisingly good numbers in a tough housing market

It's one I had on my radar before but needed to see the numbers first.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with MTTR and more FLL

Saleem