Friday, September 16, 2022

Indices closed down .45% to .90%...

 Indices closed down but closed near high of the day. Reaction to Fedex guide down raised many questions about current state of US economy.

S&P 500 @ 3873.33, low 3837.08, high 38880.95

RSI @ 37.72

CMF @ -0.045

Internals were :

Down volume led by 3.89 to 1 in NYSE & 3.47 to 1 in Nasdaq

Declining stocks led by 3.04 to 1 in NYSE & 2.24 to 1 in Nasdaq

Ne new lows were leading by 511 in NYSE & 452 in Nasdaq

VIX UP 0.11% @ 26.30, high today 28.45

Oil @ $85.11

Gold @ $1683.50

Canadian $ @ .6725

Stocks which closed green included FSLR SPWR ENPH

MU M WYNN QRVO PAAS IBM PFE MRNA GOLD 

AEM NEM INTC NXPI TOL KBH PHM DHI PHM

ASML NVDA MCD NFLX JWN....

Here is my portfolio weighting :

ARKK        31.23%

MGM        19.23%

UAL          17.67%

LSPD       10.56%

PLTR         8.15%

SOFI         6.97%

SOL          4.65%

XPEV       1.54%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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