Tuesday, October 25, 2022

Indices closed UP 1.07% to 2.25%...NICE !!!

 Indices closed UP.

S&P 500 @ 3859.11, high 3862.85, low 3799.44

RSI @ 57.77

CMF @ 0.030

Internals were :

UP volume led by 6.56 to 1 in NYSE & 7.53 to 1 in Nasdaq

Advancing stocks led by 5.35 to 1 in NYSE & 3.67 to 1 in Nasdaq

Net new lows were leading by 135 in NYSE & 84 in Nasdaq

VIX Down 4.66% @ 28.46

Oil @ $84.58

Gold @ $1658.00

Canadian $ @ .6380

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 4% or more ARKK PLTR SOL SOFI XPEV

PDD JKS RIOT MRVL RUN SPWR NIO AFRM PYPL LULU

SQ COIN BMBL MSTR DASH AMD DKNG SNOW LYFT

ZI TOL MTCH ZM DDOG KBH ENPH NVAX SEDG 

BYND NVDA META TSLA SPLK SNAP....

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was in a bullish mode again thanks to good earnings report and lower yield. Internals were strong. Indices closed near high of the day again. After hours earnings report were weaker than expected MSFT, GOOG & TXN all were lower. Buy on weakness strong acting stocks.

BLOG does NOT give buy or sell.

Saleem

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