Monday, November 7, 2022

Indices closed UP .96% to 1.31%...NICE !!!!

 Indices closed UP.

S&P 500 @ 3806.80, high 3813.85, low 3764.70

RSI @ 52.19

CMF @ -0.057

Internals were :

UP volume led by 1.69 to 1 in NYSE & 1.38 to 1 in Nasdaq

Advancing stocks led by 1.83 to 1 in NYSE & 1.38 to 1 in Nasdaq

Net new lows were leading by 85 in NYSE & 171 in Nasdaq

VIX Down .81% @ 24.35

Oil @ $91.79

Gold @ $1680.50

Canadian $ @ .6497

Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV

Stocks which were UP 1% or more included MGM

MRVL CNX APA CVX OXY SLB SNAP AMAT

TJX PYPL CCJ GE SQ CRM X BYD ROKU

WYNN LVS PENN DKNG QCOM CLF AI 

DASH AMD IBM MSFT NXPI DOCU

MTCH ZM MRNA BA META LRCX

SPLK GOOG JWN RH MA V....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed UP near high of the day. Internals were positive. Technology stocks were strong. After close earnings were mostly downbeat. Even yields were UP and Technology stocks defied common wisdom. Inflation number will take center stage to set the tone of this market going forward.

BLOG does NOT give buy or sell.

Saleem

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