Friday, October 7, 2022

Indices closed down 2.11% to 3.80%...

 Indices closed down near low of the day as yield ticked up and job growth was slightly ahead of consensus. Internals were negative.

S&P 500 @ 3639.66, low 3620.73, high 3706.74

RSI @ 37.73

CMF @ -0.061

Internals were :

Down volume led by 9.69 to 1 in NYSE & 6.63 to 1 in Nasdaq

Declining stocks led by 5.78 to 1 in NYSE & 4.51 to 1 in Nasdaq

Net new lows were leading by 526 in NYSE & 362 in Nasdaq

VIX UP 2.75% @ 31.36

Oil @ $92.64

Gold @ $1709.30

Canadian $ @ .6303

Stocks which closed green included

APA CNQ DKNG JWN SLB LNG

Here is my portfolio weighting :

ARKK         29.98%

MGM          20.51%

UAL           17.39%

LSPD        11.22%

PLTR          9.30%

SOFI          6.29%

SOL           4.18%

XPEV        1.13%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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