Indices closed down.
S&P 500 @ 3783.22, low 3780.78, high 3848.32
RSI @ 39.07
CMF @ -0.009
Internals were :
Down volume led by 5.18 to 1 in NYSE & 1.80 to 1 in Nasdaq
Declining stocks led by 3.77 to 1 in NYSE & 1.97 to 1 in Nasdaq
Net new lows were leading by 189 in NYSE & 404 in Nasdaq
VIX UP 2.26% @ 22.14
Oil @ $78.96
Gold @ $1815.80
Canadian $ @ .6408
Portfolio ARKK LSPD MGM SOL
Stocks which closed green included
SCHW DKNG SNOW LYFT
UBER DOCU MTCH NVAX
ELF TWLO TSLA NTNX....
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was under selling pressure again due to year end loss selling. Internals were negative. Many market theories have been put to bed by this relentless bear market, this bear has cut most stocks into minimum half some by 75%. Stay with your highest conviction picks, sooner or later they should come to life.
BLOG does NOT give buy or sell.
Saleem
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