Wednesday, November 16, 2022

Indices closed down .12% to 1.54%....

 Indices closed down.

S&P 500 @ 3958.79, low 3954.34, high 3983.09

RSI @ 58.41

CMF @ -0.031

Internals were :

Down volume led by 4.11 to 1 in NYSE & 2.85 to 1 in Nasdaq

Declining stocks led by 1.96 to 1 in NYSE & 2.23 to 1 in Nasdaq

Net new highs were leading by 2 in NYSE & lows by 100 in Nasdaq

VIX Down 1.75% @ 24.11

Oil @ $86.59

Gold @ $1775.80

Canadian $ @ .6654

In my portfolio added 50% ARKK @ $38.30

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which closed green included

SPWR ENPH SEDG

TJX ELF BROS

IBM MSFT GOOG

ORCL PHM MCD

CMG LNG ....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed lower. Technology was the weakest. Internals were negative. Market is marking time before it moves higher despite Fed speak of no change in hawkish tone. Keep accumulating on good ideas.

BLOG does NOT give buy or sell.

Saleem



1 comment:

stocktrader_1996 said...

Hi Saleem,

Good luck with more ARKK!

Stocktrader