Wednesday, December 14, 2022

Indices closed down .42% to .76%....

 Indices closed down.

S&P 500 @ 3995.32, low 3965.65, high 4053.76

RSI @ 54.06

CMF @ 0.068

Internals were :

Down volume led by 1.82 to 1 in NYSE & 1,22 to 1 in Nasdaq

Declining stocks led by 1.39 to 1 in NYSE & 1.42 to 1 in Nasdaq

Net new lows were leading by 62 in NYSE & 147 in Nasdaq

VIX Down 6.25% @ 21.14

Oil @ $77.28

Gold @ $1818.70

Canadian $ @ .6430

Portfolio ARKK LSPD PLTR MGM SOL

Stocks which closed green included LSPD

DAL JD PDD JKS CSIQ FSLR SPWR

ENPH SEDG RUN LULU SNAP 

TECK COIN M MSTR DASH PFE

LYFT GOOS DOCU ZI ESTC UBER

DDOG MRNA TWLO META ORCL....

AH Futures Mixed

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was under pressure as Fed policy statement was not " bull friendly " target for interest rates has been lifted higher to 5%, Interest rates to remain high for quite some time said Fed. Market closed much better than my expectations based on " more pain policy by Fed "

BLOG does NOT give buy or sell.

Saleem

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