Monday, October 31, 2022

Indices closed down .39% to .91%....

 Indices closed down.

S&P 500 @ 3871.98, low 3863.18, high 3893.73

RSI @ 57.10

CMF @ -0.022

Internals were :

Down volume led by 1.41 to 1 in NYSE & 1.54 to 1 in Nasdaq

Declining stocks led by 1.29 to 1 in NYSE & 1.22 to 1 in Nasdaq

Net new lows were leading by 60 in NYSE & 28 in Nasdaq

VIX UP .50% @ 25.88

Oil @ $86.53

Gold @ $1640.70

Canadian $ @ .6354

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 1% or more included PLTR SOL

PDD JKS FSLR CSIQ SPWR RUN NCLH HST 

CNX OXY SLB LNG NTR JBLU SAVE ROKU 

WYNN LVS PENN DKNG ULTA....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed lower after being overbought, internals were negative. Solar stocks came to life again led by FSLR. Fed meeting will start tomorrow and pindits will weigh in with their predictions, I expect change in wording which should be enough for this rally to get into overdrive on Wednesday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold ENVX @ 11.00

The decision to focus on its 2nd generation product is pushing any serious revenue streams back a few years. An unfortunate development, but this forces my allocation towards different opportunities foe now.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to GTLB BMEA IONQ LYFT with the available funds

Stocktrader