Indices closed down.
S&P 500 @ 3855.93, low 3827.54, high 3867.01
RSI @ 37.53
CMF @ 0.069
Internals were :
Down volume led by 8.39 to 1 in NYSE & 2.89 to 1 in Nasdaq
Declining stocks led by 5.26 to 1 in NYSE & 2.66 to 1 in Nasdaq
New new lows were leading by 625 in NYSE & 528 in Nasdaq
VIX UP 5.43% @ 27.16
Oil @ $83.94
Gold @ $1671.10
Canadian $ @ .6656
Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV
Stocks which closed green included MGM XPEV
CCJ TRIP WYNN LYFT PDD MRNA
BA OLED LVS SU AAPL TWTR....
AH futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was under selling pressure but managed to close above low of the day. Selling was prompted by fear of how much Fed will raise Fed funds rates, consensus is 75 basis with similar hawkish language. Hoping for a relief rally after announcement as we are deeply oversold.
BLOG does NOT give buy or sell.
Saleem
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