Thursday, December 8, 2022

Indices closed UP .55% to 1.13%...NICE!!!

 Indices closed UP.

S&P 500 @ 3963.51, high 3974.19, low 3935.83

RSI @ 51.97

CMF @ 0.172

Internals were :

UP volume led by 1.75 to 1 in NYSE & 1.73 to 1 in Nasdaq

Advancing stocks led by 1.43 to 1 in NYSE & 1.38 to 1 in Nasdaq

Net new lows were leading by 39 in NYSE & 142 in Nasdaq

VIX Down 1.72% @ 22.29

Oil @ $71.46

Gold @ $1801.50

Canadian $ @ .6420

Portfolio ARKK LSPD PLTR MGM SOL

Stocks which were UP 2% or more included ARKK SOL

XPEV JD PDD MRVL AMAT NIO HOOD MU TECK

SQ COIN TRIP QCOM QRVO MGNI FCX CLF PFE

MSTR BIDU DKNG SNOW LYFT NXPI GOOS 

DOCU CIEN MTCH ZM ESTC DDOG LITE

EAT MRNA TER NKE BYND LRCX AMZN

SPLK BABA EXPE LVS SWKS....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE closed green near high of the day after being oversold on Fed Interest rates direction. Finally Nasdaq was the-best performer after being beaten down for days. Most sectors participated in this rally, looking for a confirmation with a positive close on Friday.

BLOG does NOT give buy or sell.

Saleem


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