Tuesday, November 15, 2022

Indices closed UP .17% to 1.45%...NICE !!!

 Indices closed UP.

S&P 500 @ 3991.73, high 4028.84, low 3953.17

RSI @ 61.02

CMF @ -0.065

Internals were :

UP volume led by 2.99 to 1 in NYSE & 2.72 to 1 in Nasdaq

Advancing stocks led by 3.25 to 1 in NYSE & 2.01 to 1 in Nasdaq

Net new highs were leading by 37 in NYSE & lows by 17 in Nasdaq

VIX UP 3.41% @ 24.54

Oil @ $86.92

Gold @ $1776.80

Canadian $ .6714

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 2% or more included ARKK PLTR SOL XPEV

JD PDD JKS RUN FSLR SPWR SHOP MRVL APA SNAP AFRM

TJX SQ COIN M TSM BMBL RCL QCOM QRVO MGNI MSTR

PINS AMD DKNG SNOW NXPI GOOS DOCU MTCH ZM

CRWD ESTC UBER DDOG MRNA DHI BABA NDLX

RH ULTA....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE got a boost from better than expected PPI report plus US$ was lower. Indices closed UP despite an isolated incident in Poland territory. Internals were positive, Solar stocks along with Semiconductor stocks got a huge boost from TSM stake by Buffett team.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold UPWK @ 14.41 to take profits on recent gains and questionable short term prospects given the weakening economy.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold FLL @ ~7.05 to rid myself of this highly illiquid asset during tight financial times.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought TZA @ 30.51 for more protection

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with TZA...

Added 50% ARKK @ $38.30

Saleem