Thursday, January 5, 2023

Indices closed down 1.02% to 1.47%....

 Indices closed down.

S&P 500 @ 3808.10, low 3802.42, high 3839.74

RSI @ 42.97

CMF @ -0.042

Internals were :

Down volume led by 1.61 to 1 in NYSE 1.37 to 1 in Nasdaq

Declining stocks led by 1.58 to 1 in NYSE & 1.44 to 1 in Nasdaq

Net new highs were leading by 0 in NYSE & 17 in Nasdaq

VIX UP 2.04% @ 22.46

Oil @ $73.67

Gold @ $1840.60

Canadian $ @ .6417

Portfolio ARKK LSPD MGM SOL

Stocks which closed green included

GOOS DAL XPEV PDD UAL AAL NCLH

CCL RIOT NTR MOS TJX MU LULU

CCJ GE TECK RCL FCX CLF KBH 

CVX SLB OXY SU EAT BROS 

BYND EXPE RH ULTA....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under selling pressure again and closed @ low of the day. ADP jobs data was strong thus fear of Fed higher for longer crept in. @ 830 AM, It Is again about jobs data which IS extremely volatile and may give bulls a break.

BLOG does NOT give buy or sell.

Saleem

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