Wednesday, November 9, 2022

Indices closed down 1.95% to 2.48%....

 Indices closed down.

S&P 500 @ 3748.57, low 3744.22, high 3818.20

RSI @ 47.67

CMF @ -0.034

Internals were :

Down volume led by 9.66 to 1 in NYSE & 4.79 to 1 in Nasdaq

Declining stocks led by 4.14 to 1 in NYSE & 3.21 to 1 in Nasdaq

Net new lows were leading by 187 in NYSE & 428 in Nasdaq

VIX UP 2.15% @ 26.09

Oil @ $85.93

Gold @ $1713.70

Canadian $ @ .6543

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which closed green included UAL

FSLR SPWR CSIQ ENPH DHI META

DDD....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under selling pressure and closed near lows of the day, Internals were sharply negative. Only Solar stocks were mostly green @ close. Reasons given were not as expected results from mid term plus Crypto collapse near 2 year low. Tomorrow its all about CPI inflation and is expected to be hotter than consensus.

BLOG does NOT give buy or sell.

Saleem



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