Wednesday, November 30, 2022

Indices closed UP 2.18% to 4.41%...NICE !!!

 Indices closed UP.

S&P 500 @ 4080.11, high 4080.11, low 3938.58

RSI @ 63.46

CMF @ 0.126

Internals were :

UP volume led by 8.81 to 1 in NYSE & 2.78 to 1 in Nasdaq

Advancing stocks led by 5.40 to 1 in NYSE & 3.18 to 1 in Nasdaq

Net new highs were leading by 5 in NYSE & lows by 87 in Nasdaq

VIX Down 5.98% @ 20.58

Oil @ $80.55

Gold @ $1759.90

Canadian $ @ .6457

Portfolio  ARKK LSPD PLTR MGM SOL

Stocks which were UP 6% or more included ARKK LSPD SOL

XPEV NIO TSLA JD BABA JKS FSLR CSIQ SHOP RIOT

MRVL AMAT AFRM SQ COIN ROKU BMBL QCOM 

PAAS LAC FCX MSTR DASH BIDU DKNG MSFT 

NXPI ZI ZM MTCH BYND TWLO META GOOG NFLX

BROS LRCX....

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was down @ open on nervousness about Fed Chief Powell speech and his focus, BUT there was a surprise waiting for Christmas " no more pain " was the jest, increase in Fed funds rates will be moderate, what a change in focus, stocks closed @ absolute high of the day, giving all long traders & Investors loot of the day, a day which saw gains of UPTO 40%+++ YES It IS a change indirection which TAPE was foretelling, Bull Market has arrived.

BLOG does NOT give buy or sell.

Saleem

No comments: