Friday, December 23, 2022

Indices closed UP .21% to .59%...NICE!!!

 Indices closed @ high of the day despite rising yield. It was an oversold bounce with highest negativity with more bearish predictions.

S&P 500 @ 3844.82, high 3845.80, low 3797.01

RSI @ 43.85

CMF @ -0.005

Internals were :

UP volume led by 2.50 to 1 in NYSE & 1.32 to 1 in Nasdaq

Advancing stocks led by 2.06 to 1 in NYSE & 1.09 to 1 in Nasdaq

Net new lows were leading by 68 in NYSE & 203 in Nasdaq

VIX Down 5.01% @ 20.87

Oil @ $79.56

Gold @ $1804.20

Canadian $ @ .6409

Stocks which were UP 1% or more included

HST CNX APA SLB CVX OXY SU

NTR TJX MU CCJ COIN M TRIP

AAL SCHW FCX AMD LYFT AEM

MTCH AMZN EXPE GOOG JWN

LNG OSTK....

Here is my portfolio weighting :

ARKK         62.12%

MGM          21.75%

LSPD         10.56%

SOL            5.37%

Next post by 6 PM on Monday.

MERRY CHRISTMAS !

BLOG does NOT give buy or sell.

Saleem

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