Indices closed @ low of the day on hotter than expected PPI, fear of inflation and prolonged higher interest rates caused selling in closing hour.
S&P 500 @ 3934.38, low 3933.04, high 3977.02
RSI @ 49.28
CMF @ 0.063
Internals were :
Down volume led by 1.89 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 2.19 to 1 in NYSE & 1.73 to 1 in Nasdaq
Net new lows were leading by 36 in NYSE & 177 in Nasdaq
VIX UP 2.42% @ 22.83
Oil @ $71.02
Gold @ $1810.70
Canadian $ @ .6391
Stocks which closed green included DAL UAL JKS
SQ CRM ROKU BMBL MSTR DASH PINS
SNOW CSIQ LYFT DOCU ZI CRWD BA
NTAP DDOG META TSLA SPLK EXPE
NFLX RH MS....
Here is my portfolio weighting :
ARKK 59.46%
MGM 20.18%
LSPD 8.28%
PLTR 7.18%
SOL 4.90%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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