Friday, December 16, 2022

Indices closed down .85% to 1.11%....

 Indices closed down again on continued bearish sentiment coming from Fed " new & improved policy statement ".Internals were negative. Few stocks bucked selling by closing green.

S&P 500 @ 3852.36, low 3827.91, high 3890.91

RSI @ 42.01

CMF @ 0.011

Internals were :

Down volume led by 3.61 to 1 in NYSE & 2.26 to 1 in Nasdaq

Declining stocks led by 2.47 to 1 in NYSE & 1.66 to 1 in Nasdaq

Net new lows were leading by 197 in NYSE & 391 in Nasdaq

VIX Down .92% @ 22.62

Oil @ $74.29

Gold @ $1800.20

Canadian $ @ .6305

Stocks which closed green Included ARKK SOL

XPEV JKS AMAT AG PAAS GOLD AEM

NEM TECK X FCX CLF X WYNN 

MGNI SCHW AI EAT TER BA

BYND META YELP BABA....

Here is my portfolio weighting ;

ARKK       59.01%

MGM        20.47%

LSPD        8.32%

PLTR        7.20%

SOL          5.00%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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