Friday, January 20, 2023

Indices closed UP 1.00% to 2.66%...NICE !!!

 Indices closed UP after pulling back for 2 days. Technology was the-superstar with best gain for the week & into close. Internals were positive & strong. 

S&P 500 @ 3972.61, high 3972.96, low 3897.86

RSI @ 56.00

CMF @ 0.182

Internals were :

UP volume led by 6.26 to 1 in NYSE & 6.37 to 1 in Nasdaq

Advancing stocks led by 3.55 to 1 in NYSE & 2.63 to 1 in Nasdaq

Net new highs were leading by 42 in NYSE & 60 in Nasdaq

VIX Down 3.27% @ 19.85

Oil @ $81.64

Gold @ $1928.20

Canadian $ @ .6579

Stocks which were UP 3% or more included ARKK SOL

GOOS XPEV HST NCLH SHOP RIOT SNAP AMAT 

NTR AFRM HOOD PYPL MU CCJ SQ CRM COIN 

TRIP ROKU RCL QCOM QRVO SWKS LAC MSTR

DASH BIDU AMD DKNG SNOW MSFT PANW

LYFT PENN DOCU MTCH ZM CRWD ESTC

UBER DDOG EAT BYND TSLA AMZN SPLK

GOOG NFLX CMG.....

Here is my portfolio weighting :

ARKK        55.24%

LSPD        20.98%

MGM        19.12%

SOL           4.66%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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