Thursday, October 20, 2022

Indices closed down .30% to .80%....

 Indices closed down.

S&P 500 @ 3665.78, low 3656.44, high 3736.08

RSI @ 44.85

CMF @ -0.144

Internals were :

Down volume led by 1.44 to 1 in NYSE & .99 to 1 in Nasdaq

Declining stocks led by 2.11 to 1 in NYSE & 1.34 to 1 in Nasdaq

Net new lows were leading by 507 in NYSE & 304 in Nasdaq

VIX Down 2.54% @ 29.98

Oil @ $85.98

Gold @ $1634.68

Canadian $ @ .6279

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 3% or more included LSPD XPEV

SHOP CCL AG WYNN IBM PENN ZM

DDOG ASML TWLO LRCX LVS ORCL...

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH  Gold Down

About market, TAPE lost its upside momentum and closed lower on UK PM resignation, higher yield & Fed speak which was much more hawkish. AH earnings report from SNAP Down 27.06% was lower than revised Sales numbers which brought many advertisement related & social media stocks tanking. Solar stocks kept going down.

BLOG does NOT give buy or sell.

Saleem

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