Tuesday, December 27, 2022

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 3829.25, low 3813.22, high 3846.65

RSI @ 42.61

CMF @ .024

Internals were :

Down volume led by .87 to 1 in NYSE & 2.74 to 1 in Nasdaq

Declining stocks led by 1.18 to 1 in NYSE & 1.93 to 1 in Nasdaq

Net new lows were leading by 126 in NYSE & 434 in Nasdaq

VIX UP 3.74% @ 21.65

Oil @ $79.53

Gold @ $1823.10

Canadian $ @ .6409

Portfolio ARKK LSPD MGM SOL

Stocks which closed green included MGM

JD PDD BABA BIDU TPR CNX APA

SU CNQ CVX OXY SLB MGA LULU

AG CCJ GE TECK CRM WYNN LVS

PAAS SCHW FCX CLF IBM GOLD

NEM AEM CIEN LITE ELF NKE

BA MA V X M ULTA....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

 AH Gold Down

About market, TAPE was under selling pressure again BUT DOW closed higher while Nasdaq took it on the chin again with TESLA AAPL & semiconductors were weak. Year end selling has taken a hold. It IS a tough market to navigate until a new catalyst comes into play.

BLOG does NOT give buy or sell.

Saleem

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