Monday, September 19, 2022

Indices closed UP .64% to .76%...NICE !!!

 Indices closed UP.

S&P 500 @ 3899.89, high 3900.45, low 3838.50

RSI @ 40.33

CMF @ 0.028

Internals were :

UP volume led by 2.74 to 1 in NYSE & 1.30 to 1 in Nasdaq

Advancing stocks led by 1.38 to 1 in NYSE & .86 to 1 in Nasdaq

Net new lows were leading by 386 in NYSE & 448 in Nasdaq

VIX Down 2.05% @ 25.76

Oil @ $85.73

Gold @ $1678.30

Canadian $ @ .6711

Portfolio ARKK LSPD PLTR MGM SOL SOLF UAL XPEV

Stocks which were UP 25 or more included MGM SOL UAL XPEV

SHOP NTR MOS SPWR NIO TECK ROKU PAAS AAL DAL LAC 

FCX PINS PENN DDOG JD NKE TWLO JWN RH BROS.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was surprisingly strong IF you were listening to chartist who were predicting way way down but we closed @ high of the day. Internals were mostly positive. Many sectors participated in today's rally, solar stocks were strong as usual. IF we get confirmation on Tuesday by UP close, watch out ABOVE.

BLOG does NOT give buy or sell.

Saleem

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