Thursday, December 1, 2022

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4076.57, low 4050.87, high 4100.50

RSI @ 50.87

CMF @ 0.195

Internals were :

UP volume led by .88 to 1 in NYSE & 1.53 to 1 in Nasdaq

Advancing stocks led by 1.49 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new highs were leading by 82 in NYSE & 19 in Nasdaq

VIX Down 3.60% @ 19.84

Oil @ $81.22

Gold @ $1815.20

Canadian $ @ .6568

Portfolio ARKK LSPD PLTR MGM SOL

Stocks which were UP 1% or more included ARKK LSPD PLTR MGM

PDD SHOP SNAP AFRM AG TECK SQ RCL PAAS MGNI CLF

PFE MRNA NVAX DKNG SNOW GOLD PANW NEM AEM 

ZI ZM CRWD NVAX NKE NVDA META SPLK NFLX NTNX 

BROS MA ORCL ULTA KBH....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed mixed while Nasdaq closed UP. Internals were mostly positive. Earnings are mixed with guidance being lower than expected. Tomorrow it is all about Jobs report, IF in line more or less rally continues, IF lower than expected big sigh of relief from all participants which confirms Fed moderate policy and rally goes on full steam ahead.

BLOG does NOT give buy or sell.

Saleem

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