Indices closed UP.
S&P 500 @ 3719.04, high 3736.74, low 3640.61
RSI @ 35.01
CMF @ 0.027
Internals were :
UP volume led by 10.96 to 1 in NYSE & 5.82 to 1 in Nasdaq
Advancing stocks led by 5.82 to 1 in NYSE & 3.66 to 1 in Nasdaq
Net new lows were leading by 433 in NYSE & 333 in Nasdaq
VIX Down 7.42% @ 30.18
Oil @ $82.15
Gold @ $1670.00
Canadian $ @ .6346
Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV
Stocks which were UP 4% or more included ARKK LSPD PLTR
NCLH SHOP RIOT HST CNX APA PYPL TECK SQ M BMBL
PAAS LAC MGNI MSTR PINS GOLD PENN NEM AEM
DOCU ZI TOL KBH DHI PHM ESTC BA BYND TWLO
META BABA NFLX OXY DLB LNG RH BROS ...
AH Futures Down
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE started red but as yields went down Indices kept going UP closing near high of the day. Internals were strong. Most sectors participated in today's rally which saw high single digit gains. Sentiment improved substantially for traders & Investors while bears were nowhere to be seen. Most technicians are predicting max 5% rally from lows.
BLOG does NOT give buy or sell.
Saleem
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