Indices closed UP.
S&P 500 @ 3669.91, high 3685.41, low 3491.58
RSI @ 42.97
CMF @ -0.047
Internals were :
UP volume led by 4.36 to 1 in NYSE & 2.70 to 1 in Nasdaq
Advancing stocks led by 2.24 to 1 in NYSE & 2.07 to 1 in Nasdaq
Net new lows were leading by 1375 in NYSE & 893 in Nasdaq
VIX Down 4.86% @ 31.94...high 33.87
Oil @ $89.11
Gold @ $1648.30
Canadian $ @ ,6251
Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV
Stocks which were UP 3% or more included UAL
RIOT MRVL AMAT NTR MOS MGA MU GE
TECK JBLU SAVE TSM AAPL QCOM IBM
QRVO SWKS CNQ SLB OXY LNG CVX
LAC MSFT DAL TD NVAX MRNA MCD
BYND NVDA LRCX BROS MA V MS...
AH Futures Mixed
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE reacted to high CPI report then found support and made a V bottom and closed near high of the day. Internals were positive. Many technicians are of the opinion, this is not the bottom of this bear market, thus caution is advised.
BLOG does NOT give buy or sell.
Saleem
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