Wednesday, October 19, 2022

Indices closed Down .33% to .85%...

 Indices closed down.

S&P 500 @ 3695.16, low 3666.51, high 3728.58

RSI @ 46.74

CMF @ -0.134

Internals were :

Down volume led by 2.96 to 1 in NYSE & 1.50 to 1 in Nasdaq

Declining stocks led by 3.28 to 1 in NYSE & 2.67 to 1 in Nasdaq

Net new lows were leading by 409 in NYSE & 271 in Nasdaq

VIX UP .85% @ 30.76

Oil @ $85.55

Gold @ $1634.20

Canadian $ @ .6215

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which closed green included UAL

MRVL QCOM QRVO ASML NVDA

LRCX AMAT CNX APA SU CVX

OXY SLB LNG CNQ SNAP MU

AAL DAL LAC MCD TSLA

SPLK NFLX OLED ....

AH Futures Down

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE came under minor selling pressure due to higher yield in USA. Internals were negative. Airlines & Semiconductors were strong as a group, Energy was strong as a group. Solar continues to sink towards new lows.

BLOG does NOT give buy or sell.

Saleem

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