Tuesday, October 4, 2022

Indices closed UP 2.80% to 3.34%...NICE !!!

 Indices closed UP

S&P 500 @ 3790.93, high 3794.92, low 3726.46

RSI @ 46.60

CMF @ 0.081

Internals were :

UP volume led by 21.14 to 1 in NYSE & 10.57 to 1 in Nasdaq

Advancing stocks led by 6.80 to 1 in NYSE & 3.70 to 1 in Nasdaq

Net new lows were leading by 75 in NYSE & 98 in Nasdaq

VIX Down 3.42% @ 29.07

Oil @ $86.52

Gold @ $1730.50

Canadian $ @ .6443

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 5% or more included 

ARKK LSPD MGM SOL SOFI UAL

NCLH SHOP SNAP RUN AFRM LULU

SQ COIN M X BYD JBLU DAL AAL BMBL

RCL WYNN CNQ MSTR DASH DKNG SNOW

LYFT PENN UBER EAT BA ASML BYND 

TWLO JWN LVS.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE continued its deeply oversold bounce for 2nd day with the help of lower yield and Australian Central Bank raising rates by only 25 basis which gave hope that Fed may be see the light from other major Central Banks actions of 3 in a row. Internals were strong and just about every stock participated in today's rally.

BLOG does NOT give buy or sell.

Saleem

No comments: