Monday, October 24, 2022

Indices closed UP .86% to 1.34%...NICE !!!

 Indices closed UP.

S&P 500 @ 3797.34, high 3810.74, low 3741.65

RSI @ 54.03

CMF @ -0.037

Internals were :

UP volume led by 1.38 to 1 in NYSE & 1.11 to 1 in Nasdaq

Advancing stocks led by 1.36 to 1 in NYSE & 1.03 to 1 in Nasdaq

Net new lows were leading by 400 in NYSE & 377 in Nasdaq

VIX UP .54% @ 29.85

Oil @ $84.58

Gold @ $1654.10

Canadian $ @ .6292

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which closed green included LSPD MGM SOFI UAL

NCLH RIOT APA SNAP AMAT FSLR MGA TJX SQ M

JBLU SAVE AAPL RCL TWTR SWKS AAL MSTR

PINS IBM PFE MSFT LYFT PENN DOCU DAL

CIEN CRWD UPS MRNA NVDA LRCX GOOG

SLB BROS MA......

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed higher & near high of the day despite extremely negative reaction for Chinese listed stocks , Solar & Macau gaming stocks. Internals were mostly positive. S&P 500 has quietly moved UP near 50 DMA and we may move higher this week, a positive sign of improving technicals and buying interest.

BLOG does NOT give buy or sell.

Saleem

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