Friday, October 14, 2022

Indices closed down 1.34% to 3.08%...

Indices closed down on higher yield & troubling news from UK which included instability in their GILD rates & firing of Chancellor of Exchequer, all this reversed higher opening and closing @ low of the day.

S&P 500 @ 3583.07, low 3579.68, high 3712.00

RSI @ 38.04

CMF @ -0.151

Internals were :

Down volume led by 6.78 to 1 in NYSE & 4.72 to 1 in Nasdaq

Declining stocks led by 4.19 to 1 in NYSE & 2.85 to 1 in Nasdaq

Net new lows were leading by 335 in NYSE & 277 in Nasdaq

VIX UP .25% @ 32.02

Oil @ $85.61

Gold @ $1648.90

Canadian $ @ .6123

Stocks which closed green included UAL

JKS NCLH DAL AAL BA SPLK NTNX...

Here is my portfolio weighting :

ARKK      28.71%

MGM       20.33%

UAL        19.26%

LSPD     11.19%

PLTR      9.09%

SOFI      6.38%

SOL       4.03%

XPEV    1.01%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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