Thursday, November 10, 2022

Indices closed UP 3.70% to 7.35%...NICE !!!

 Indices closed UP.

S&P 500 @ 3956.37, high 3958.33, low 3859.89

RSI @ 60.23

CMF @ -0.025

Internals were :

UP volume led by 9.17 to 1 in NYSE & 10.36 to 1 in Nasdaq

Advancing stocks led by 8.27 to 1 in NYSE & 4.12 to 1 in Nasdaq

Net new highs were leading by 23 in NYSE & lows by 69 in Nasdaq

VIX Down 9.81% @ 23.53

Oil @ $86.47

Gold @ $1753.70

Canadian $ @ .6635

Portfolio  ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 7% or more included ARKK LSPD PLTR SOFI

JD PDD JKS SEDG SPWR RUN SHOP RIOT MRVL HST SNAP

AMAT AFRM SQ PYPL LULU COIN AAPL ROKU MGNI DASH 

BIDU AMD DKNG SNOW DOCU ZI ZM TOL MTCH CRWD

ESTC NVAX META LRCX AMZN SPLK RH BROS M...

AH Futures Mixed

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was in overdrive & northbound on better than expected CPI, yield tumbled & US $ nosedived. Most sectors were UP sharply, Internals were Strong & Volume was heavy. All in all a great day to be a bull.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed GTLB FLL UPWK PLAY SNAP due to overweight or excessive risk

Bought SOXS @ 35.16 (approx 15% of portfolio now)

Having a bit of a hedge seems appropriate here.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SOXS.....

Trimming always a good strategy when its deemed necessary.....

Saleem