Friday, October 21, 2022

Indices closed UP 2.31% to 2.47%...NICE !!!

 Indices closed near high of the day as yield backed off and positive sentiment prevailed for pivot by Fed after November hike. Most sectors participated in todays rally even Solar stocks got mini bid.

S&P 500 @ 3752.76, high 3757.89, low 3647.42

RSI @ 51.14

CMF @ -0.101

Internals were :

UP volume led by 5.22 to 1 in NYSE & 3.66 to 1 in Nasdaq

Advancing stocks led by 2.59 to 1 in NYSE & 2.03 to 1 in Nasdaq

Net new lows were leading by 644 in NYSE & 387 in Nasdaq

VIX Down .97% @ 29.69

Oil @ $85.05

Gold @ $1656.30

Canadian $ @ .6316

Stocks which were UP 3% or more included PLTR MGM UAL 

PDD NCLH RIOT MRVL HST APA SU AMAT MOS FSLR

TJX MU AG GE TECK COIN M X RCL QCOM QRVO SWKS

CNQ LAC SCHW CLF MSTR PENN CIEN ENPH NVAX

MRNA ASML TWLO AEM LRCX AMZN NFLX OXY

SLB WYNN LVS RH ORCL MS.....

Here is my portfolio weighting 

ARKK       27.95%

MGM        20.76%

UAL         20.25%

LSPD      11.05%

PLTR       9.22%

SOFI       6.30%

SOL        3.55%

XPEV       .92%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


No comments: