Wednesday, August 24, 2022

Indices closed UP .18% to .41%...NICE !!!

 Indices closed UP.

S&P 500 @ 414077, high 4156.56, low 4119.97

RSI @ 51.38

CMF @ 0.120

Internals were :

UP volume led by 2.41 to 1 in NYSE & 3.38 to 1 in Nasdaq

Advancing stocks led by 1.69 to 1 in NYSE & 1.55 to 1 in Nasdaq

Net new lows were leading by 430 in NYSE & 90 in Nasdaq

VIX Down 5.35% @ 22.82

Oil @ $94.89

Gold @ $1761.50

Canadian $ @ .7026

Portfolio ARKK LSPD PLTR MGM NCLH SOL SOFI UAL XPEV

Stocks which closed UP 3% or more included NCLH SOL SOFI

APA MOS FSLR SPWR NIO AFRM AG CCJ X RCL LAC

CCL MSTR BIDU RUN SNOW BROS.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed higher despite elevated yield due to mini oversold condition. Internals were mostly positive and most sectors closed higher on renewed buying on weak open. All eyes on prediction for Jackson Hole statement from Fed, hawkish or dovish or neutral. 

BLOG does NOT give buy or sell.

Saleem

3 comments:

Stocks100 said...


Hi Stocktrader,

Sold NCLH @ $14.50

Saleem

Stocks100 said...


Hi Stocktrader,

Bought JKS @ $58.28

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the swap!

Stocktrader