Tuesday, October 11, 2022

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3588.84, low 3568.45, high 3640.66

RSI @ 35.16

CMF @ -0.074

Internals were :

Down Volume led by 1.31 to 1 in NYSE & 1.80 to 1 in Nasdaq

Declining stocks led by 1.50 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new lows were leading by 857 in NYSE & 783 in Nasdaq

VIX UP 3.64% @ 33.63

Oil @ $89.35

Gold @ $1686.00

Canadian $ @ .6260

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 1% or more included SOL

HAT CNX AFRM MU CCJ COIN

M AAL NVAX EAT NKE BYND

JWN NTNX BROS ULTA 

KBH CMG.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was staging an oversold bounce but it all got tripped by an announcement from Bank Of England that their pension funds have until Friday to be on side, so we lost all green and went red, finally we closed mixed. Technology got another downgrade of Semiconductors / Equipment makers thus Nasdaq closed red. Its a jittery bear which reacts to any & all negative news.

BLOG does NOT give buy or sell.

Saleem

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