Thursday, September 8, 2022

Indices closed UP .60% to .66%...NICE !!!

 Indices closed UP.

S&P 500 @ 4006.18, high 4010.50, low 3844.81

RSI @ 45.14

CMF @ -0.055

Internals were :

UP volume led by 2.23 to 1 in NYSE & 1.86 to 1 in Nasdaq

Advancing stocks led by 1.34 to 1 in NYSE & 1.45 to 1 in Nasdaq

Net new lows were leading by 126 in NYSE & 165 in Nasdaq

VIX Down 4.18% @ 23.61

Oil @ $83.54

Gold @ $1720.20

Canadian $ @ .6875

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 3% included LSPD SOFI

SHOP RIOT SNAP COIN X ROKU RCL FCX

MSTR RUN AMD DKNG LYFT DOCU EAT

MRNA LAC JWN SLB SQ LVS OSTK....

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was strong and closed @ high of the day despite tough remarks on interest rates by Fed Chief. Internals were mostly positive. Today we confirmed this uptrend and may hay have staying power the way we closed @ high of the day.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Swapped a little more LYFT for PLAY.

I can't understand why PLAY is down at all with current quarter preliminary numbers accelerating and costs falling.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more PLAY....your research is better than news driven traders....

Saleem

stocktrader_1996 said...

Hi Saleem,

Trimmed some SNAP to add to ENVX IONQ SYM

I'm making small adjustments to position size as stocks fluctuate - nothing major here.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Trimmed some LYFT to added to SYM ENVX

Stocktrader

Stocks100 said...


Hi Stocktrader,

Great day to check relative performance and adjust accordingly.

Good luck with new add-on

Saleem