Tuesday, January 3, 2023

Indices closed down .03% to .76%....

 Indices closed down.

S&P 500 @ 3824.14, low 3794.33, high 3878,46

RSI @ 43.86

CMF @ -0.076

Internals were :

UP volume 1.04 to 1 in NYSE & 1.02 to 1 in Nasdaq

Advancing stocks led by 1.42 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new highs were leading by 16 in NYSE & 18 in Nasdaq

VIX UP 5.68% @ 22.90

Oil @ $76.93

Gold @ $1846.10

Canadian $ @ ,6333

Portfolio ARKK LSPD MGM SOL

Stocks which closed green included XPEV JD PDD BABA BIDU

JKS SHOP MGA PYPL CRM LULU GE SQ WYNN LVS PAAS

CLF MSTR GOLD NEM AEM DOCU UBER KBH EAT UPS

BA TWLO META AMZN ORCL NKE....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under selling pressure again but trimmed its losses by close. Internals were mostly positive. TSLA & AAPL continued its downward run to new lows again. Fed minutes is being released @ 2 PM which may confirm Fed tough hawkish stand by its voting members.

BLOG does NOT give buy or sell.

Saleem


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