Thursday, September 15, 2022

Indices closed down .56% to 1.43%....

 Indices closed down.

S&P 500 @ 3901.35, low 3888.28, high 3958.14

RSI @ 38.41

CMF @ -0.097

Internals were :

Down volume led by 2.05 to 1 in NYSE & 1.49 to 1 in Nasdaq

Declining stocks led by 2.79 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new lows were leading by 257 in NYSE & 242 in Nasdaq

VIX UP .42% @ 26.27

Oil @ $85.10

Gold @ $1677.30

Canadian $ @ .6793

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 2% or more included ARKK PLTR SOFI

NCLH SNAP CCL RCL HOOD ROKU WYNN

LVS PINS DKNG NFLX JWN....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE tried to show green but it failed in its attempt for green and closed near low of the day. After hours we got more disappointing guidance from FDX & GE which took futures down in triple digits. Tomorrow could be another opportune time to do some buying or switching stocks to better relative value.

BLOG does NOT give buy or sell

Saleem

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